Big 5 banks’ Q4 earnings reports are out. Here is an update of the mortgage book. 👇 It is a very Rough estimate, as each bank reports...

The world is disintegrating. Then reintegrating. 📌 RBC announced the acquisition of HSBC Canada for $13.5B CAD. Several international...

Canadians heard the mortgage trigger rate a lot. How many mortgages have reached that? The answer from the Bank of Canada 👇 Out of a...

📉 The macro environment is challenging Not only for fintechs, but also for banks What can banks do now? McKinsey & Company studied 600...

🟧 Higher Rate - To Be Higher Bank of Canada (BoC) raised the rate by another 50 bps in Oct - the cumulative hike is 350 bps this year....

This hasn’t happened in years. I actually got multiple line increases in the last 3 years. Is it a sign of a change in overall consumer...

Top 4 US banks had another strong quarter with credit card purchases, which pulled the credit balance finally back to the level 3 years...

Even with the upcoming recession becoming more certain, it is probably a mild one - according to big banks’ reserve change in Q3. The...

Goldman Sachs’ restructuring surfaced this week. 🟧 Marcus moved closer to its origination - Asset/Wealth Management. This is a brand...

Who Am I❓ A question everyone must ask. A question every bank must ask as well. Here is Goldman Sachs’ journey to explore a new identity...

This week, Credit Suisse grabs the financial market’s attention again. The bank is still standing. However, it is clearly haunted by...

🇨🇦 Despite the recession risk, no need to panic. According to the reserve changes at the Big 5 Canadian banks. In Q3 F’22 (ending...

Actions don’t always match feelings. As confirmed by the credit card numbers in Q2 earning reports. Credit card purchases had a strong...

Interest Rate Effect on Mortgage The Q2 earnings reports provided a glimpse of the latest impact of the interest rate hike. Q2 ‘22...

The horizon is stormy, but no clear sign of the severity yet. That is the message from the big banks in this earning season. The largest...

With the possible imminent recession, how would the US banks fare? Based on the stress testing of the 34 largest US banks, they have...

Even with rising recession risk, In the most recent financial quarter, Big 5 Canadian banks continued to release reserves. In Q2 F’22,...

As pandemic phenomena retreat in the public market, What will the future of financial services look like? Here are the views from 2...

Globalization is reversing gears Banks stop to be everything everywhere Now we see the rise of super-regional banks What if one of the...

A recent NY Times article on the Zelle fraud issue highlights the challenge of fast payment and evolving scam tactics. However, the...