NTIOF News Alert National Bank of Canada (NTIOF) 38.1600 02/15/2015
Post# of 64108
Palliser to file for Creditor Protection Under the CCAA
ACCESSWIRE - Mon Feb 09, 8:36PM CST
Calgary, AB / ACCESSWIRE / February 9, 2015 / Palliser Oil & Gas Corporation ("Palliser" (TSX VENTURE: PXL) announces that, after careful consideration of all available alternatives, the Board of Directors of Palliser has determined that it is in the best interests of Palliser and all of its stakeholders to seek creditor protection under the Companies' Creditors Arrangement Act (Canada) (the "CCAA" and will make an application to the Court of Queen's Bench of Alberta (the "Court" on February 12, 2015 to seek such protection.
PXL.VN: 0.005 (unch)
Louis Vachon is Finance et Investissement's Financial Personality of the Year
CNW Group - Wed Feb 04, 8:00AM CST
Louis Vachon, President and CEO of National Bank of Canada, has been named Financial Personality of the Year in Finance et Investissement's annual Top 25 ranking of Quebec's financial sector.
The Long Case For TD Bank
Jung-Yung Jonathan Chang - at Seeking Alpha - Mon Feb 02, 4:02AM CST
By Jung-Yung Jonathan Chang and Mitchell Li COMPANY OVERVIEW The Toronto-Dominion Bank (NYSE: TD ) is a Canadian multinational banking and financial services corporation headquartered in Toronto. It is the second-largest bank in Canada by...
BMO: 63.14 (+0.31), TD: 44.57 (+0.14), RY: 62.26 (+0.23), CM: 76.16 (+0.50), BNS: 53.90 (+0.63)
Healthy Yield From National Bank Of Canada
Real Estater - at Seeking Alpha - Wed Jan 28, 1:43PM CST
Fitch Assigns Final 'AAA' Rating to NBC's Global Registered Covered Bonds Series CBL3
Business Wire - Mon Jan 26, 12:12PM CST
Fitch Ratings has assigned a final 'AAA' rating with Stable Outlook to National Bank of Canada (NBC; 'A+'/Outlook Stable/'F1') Series CBL3 registered covered bond issued under its legislative program. The CBL3 bond has a par value of 1bn EUR and a seven-year maturity with a 12-month extension.
Fitch Completes Review of Canadian Banks
Business Wire - Fri Jan 23, 3:02PM CST
Fitch Ratings has affirmed the ratings of the seven largest Canadian banking institutions by assets (referred to as Canadian Banks) following a peer review committee. The seven financial institutions included in this peer review are Bank of Montreal (BMO; rated 'AA-/F1+'), Bank of Nova Scotia (BNS; rated 'AA-/F1+'), Canadian Imperial Bank of Commerce (CIBC; rated 'AA-/F1+'), Caisse Centrale DesJardins (CCD; rated 'AA-/F1+')National Bank of Canada (NBC; rated 'A+/F1'), Royal Bank of Canada (RBC; rated 'AA/F1+') and Toronto-Dominion Bank (TD; rated 'AA-/F1+').
BMO: 63.14 (+0.31), BCM: 32.35 (+0.42)
Fitch Affirms National Bank of Canada at 'A+'; Outlook Stable
Business Wire - Fri Jan 23, 2:49PM CST
Fitch Ratings has today affirmed National Bank of Canada's (NBC) ratings at 'A+/F1'. The Rating Outlook remains Stable. A full list of rating actions is at the end of this press release.
Best Canadian Dividend Stocks For 2015: Here's My Top 3
The Dividend Guy - Seeking Alpha - Mon Jan 05, 2:30PM CST
Last year, we said we were moderately bullish for the Canadian market for 2014. After beating the S&P 500 for 10 months in a row and reaching almost 15% growth, the TSX is now back to a small +1.89% as of December 11th 2014. Who's guilty of this...
Dividend Investing At Work - December 2014
The Dividend Engineer - at Seeking Alpha - Fri Jan 02, 12:35AM CST
What's best than the first day of the year to review some notable dividend increases? Though December is typically not a very active month, three of my holdings increased their dividends. National Bank of Canada On December 5, National Bank of...
ABT: 46.09 (+0.87), GE: 25.15 (+0.26), SYF: 32.80 (-0.81), ABBV: 58.05 (+1.00)
Recent Buy: General Electric
The Dividend Engineer - at Seeking Alpha - Tue Dec 23, 8:42PM CST
As part of my regular buying schedule, I recently made another purchase, the last of 2014. For this last purchase, I decided to add to my growing stake in General Electric (NYSE: GE ). I was honestly hesitating between General Electric and John...
GE: 25.15 (+0.26), DE: 90.04 (+0.67)
Orbit Garant amends and extends credit facility with National Bank of Canada
CNW Group - Mon Dec 22, 12:57PM CST
Orbit Garant Drilling Inc. (TSX: OGD) ("Orbit Garant" or the "Company" today announced that it has reached an agreement with National Bank of Canada on an amended and restated secured revolving credit facility (the "Credit Facility" . Under the terms of the Credit Facility, the maximum amount available to Orbit Garant is $25 million. The term of the Credit Facility is three years, maturing in December 2017. The Credit Facility provides Orbit Garant with improved financial flexibility and an enhanced ability to pursue its growth initiatives.
OGD.TO: 1.28 (+0.13)
Canada Strategic Metals Inc.: Christophe Romary Appointed as President
Marketwired - Tue Dec 16, 2:51PM CST
Canada Strategic Metals Inc. ("Strategic Metals" or the "Company" (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) is pleased to announce the appointment of Christophe Romary as President of the Corporation.
CJC.VN: 0.090 (-0.010)
Ultra HNWIs in Canada 2014
M2 - Tue Dec 16, 9:27AM CST
Research and Markets (http://www.researchandmarkets.com/research/vb2kks/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in Canada 2014" report to their offering. This report reviews the performance and asset allocations of Ultra HNWIs in Canada, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. There were 4,303 UHNWIs in Canada in 2013, with an average per capita wealth of US$121.9 million, making them a prime target group for wealth sector professionals. Of this total, there were 32 billionaires, 713 centimillionaires and 3,558 affluent millionaires. UHNWIs accounted for 1.0% of the total Canadian HNWI population in 2013, slightly higher than the global average of 0.7%. The number of Canadian UHNWIs increased by 40.4%during the review period, going from 3,064 in 2009 to 4,303 in 2013. There was a wide range of performance between the different UHNWI wealth bands. While the number of billionaires increased by 6.7%, the number of centimillionaires and affluent millionaires increased by 39.8% and 41.0% respectively. It is expected the number of UHNWIs to increase by 8.9%, to reach 4,781 in 2018. This will include 38billionaires, 797centimillionaires and 3,946 affluent millionaires. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Analysis of Canadian HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/vb...a_hnwis_in
High Net Worth Trends in Canada 2014
M2 - Tue Dec 16, 9:27AM CST
Research and Markets (http://www.researchandmarkets.com/research/hcps94/high_net_worth) has announced the addition of the "High Net Worth trends in Canada 2014" report to their offering. This report provides projections of the volume and wealth of Canada HNWIs. This includes demographic trends (2009-2013) and findings of the proprietary Wealth Insight HNWI Database. There were 426,252 HNWIs in Canada in 2013. These HNWIs held US$1.64 trillion in wealth, and wealth per HNWI was US$3,837,882. In 2013, Canadian HNWI numbers rose by 1.0%, following a 1.3% increase in 2012. Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Canadian HNWIs is forecast to grow by 8.9% to reach 473,426by 2018, and HNWI wealth is expected to grow by 22.1%, to reach US$2.1 trillion by 2018. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the HNWI Database 5 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/hc..._net_worth
HNWI Asset Allocation in Canada 2014
M2 - Tue Dec 16, 9:02AM CST
Research and Markets (http://www.researchandmarkets.com/research/9dnpls/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in Canada 2014" report to their offering. This report provides the latest asset allocations of Canada HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Canada HNWIs to 2018 and a comprehensive and robust background of the local economy. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in Canada. The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis. Key Highlights: - In 2013, equities was the largest asset class for Canadian HNWIs with 29.5% of total HNWI assets, followed by business interests with 25.4%, real estate with 20.2%, fixed-income with 11.5%, alternatives with 7.7%, and cash and deposits with 5.8%. - Equities, alternatives and business interests recorded growth at respective review-period rates of 62%, 46% and 44%. - Alternative assets held by Canadian HNWIs increased during the review period, going from 7.6% of total HNWI assets in 2009 to 7.7% in 2013. HNWI allocations to commodities increased from 1.4% of total assets in 2009 to 1.8% in 2013. - Allocations in commodities are expected to decline over the forecast period, reaching 1.3% of total HNWI assets by 2018, as global liquidity tightens from an expected drop in demand from China for raw materials, which will cause global commodity prices to flatten out. - In 2013, Canadian HNWI liquid assets amounted to US$764.9 billion, representing 46.8% of wealth holdings. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Canadian HNWI Investments 5 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/9dnpls/hnwi_asset
Challenges and Opportunities for the Wealth Sector in Canada 2014
M2 - Tue Dec 16, 8:02AM CST
Research and Markets (http://www.researchandmarkets.com/research/65fpdc/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in Canada 2014" report to their offering. At the end of 2013, Canadian HNWIs held 26.5% (US$434 billion) of their wealth outside their home country, in line with the global average of 20-30%. It is expected foreign asset holdings to increase to US$557 billion by 2018, accounting for 26.1% of total HNWI assets. North America accounted for 51.1% of Canadian HNWIs foreign assets in 2013. Europe followed America with 21.2%, the Asia-Pacific followed with 16.5%, Latin America followed with 8.4%, Africa followed with 2.1%, and the Middle East followed with 0.7%. Canadian HNWI allocations to the Asia-Pacific region increased during the review period, going from 9.9% in 2009 to 16.5% in 2013.Latin America and Asia-Pacific were the emerging regions in terms of global investments. HNWIs are further expected to increase their levels of investment in the Asia-Pacific to 20.9% of foreign HNWI assets by 2018, with investments increasingly being diverted to emerging economies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix Companies Mentioned - Alterna Bank - BMO Private Client Group - Bank West - CIBC Private Wealth Management - Canadian Western Bank Wealth Management - Laurentian Bank of Canada Private Banking - National Bank of Canada Wealth Management - RBC Wealth Management - Scotiabank Private Banking - TD Bank Wealth Management For more information visit http://www.researchandmarkets.com/research/65...lenges_and
AfrAsia Bank attracts significant shareholding from National Bank of Canada (NBC)
M2 - Mon Dec 15, 6:35AM CST
/African Press Organization (APO)/ - AfrAsia Bank Limited (http://www.afrasiabank.com/en) today announced the addition of an important world-class strategic partner, National Bank of Canada, to its shareholding structure. This represents a major vote of confidence in its business model, financial standing and unique positioning in regional and international markets. National Bank of Canada will immediately acquire a 9.5% stake in AfrAsia Bank, with the aim of further increasing its shareholding in the near future.
NA.TO: 47.71 (+0.06)
Fitch Affirms NBC Legislative Mortgage Covered Bonds at 'AAA'
Business Wire - Fri Dec 12, 10:26AM CST
Fitch Ratings has affirmed the ratings of National Bank of Canada (NBC; 'A+'/'F1'; Stable Outlook by Fitch) outstanding CAD-equivalent 2.998 billion legislative mortgage covered bonds at 'AAA' with a Stable Outlook following the agency's annual review of the program.
Rosie a buyer of Canadian banks
Seeking Alpha - at Seeking Alpha - Fri Dec 12, 9:04AM CST
BMO: 63.14 (+0.31), TD: 44.57 (+0.14), RY: 62.26 (+0.23), CM: 76.16 (+0.50), BNS: 53.90 (+0.63)