Bloomberg Canada’s largest lenders have boosted their capital enough in the past two years to withstand a 35 percent decline in housing prices in Ontario and British Columbia and 25 percent in the rest of the country, according to Moody’s Investors Service. Canada’s six biggest banks and Quebec’s Desjardins Group “incrementally improved” their capital buffers to absorb $10.9 billion in ...

Bloomberg Berkshire Hathaway Inc. added to its stakes in two of Warren Buffett’s most favoured industries as the billionaire investor widened bets in banking and the airline industry. Berkshire boosted investments in Goldman Sachs Group Inc., US Bancorp, Delta Air Lines Inc. and Southwest Airlines Co. in the second quarter, the Omaha, Nebraska-based company said in a filing. Buffett’s company ...

Bloomberg European banking stocks have been punished like no other sector in the region this year. Unless you’re expecting a financial crisis, now may be the time to take advantage of valuations near a two-year low, according to strategists at Citigroup Inc. Fearful of potential contagion from Turkey, investors accelerated their flight from the Stoxx 600 Banks Index in the ...