Wednesday , 17 December 2025

Recent Posts

Housing slowdown no dampener for RBC

Bloomberg Royal Bank of Canada, the nation’s largest mortgage lender, isn’t hurting from a slowing housing market — yet. The Toronto-based bank reported 6.4 percent growth in Canadian residential mortgages in the fiscal first quarter, with average balances climbing to C$238.5 billion ($187.6 billion). That’s down from the 6.6 percent growth rate in the fourth quarter, though it’s still the …

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Four ex-Deutsche bank traders evade UK Euribor case

Bloomberg Four traders charged in the UK for rigging interest-rate benchmarks at Deutsche Bank AG will escape prosecution after German officials refused requests to send them to London to face trial. Frankfurt prosecutors decided not to turn the men over almost two years after the UK’s Serious Fraud Office first sought extradition. The final decision on the former traders was …

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Airbus CEO vows to stay in post-Brexit UK long into future

Bloomberg Airbus SE Chief Executive Officer Tom Enders personally promised the UK government the company plans to retain its British operations “long into the future’’ in a turnaround from a staunch critic of the divorce from the European Union. Enders’s promise was made in a letter this month to Business Secretary Greg Clark, according to an official who declined to …

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