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Canada's legal marijuana market will be a $6.5 billion industry by 2020, according to a new report from CIBC. That's far more than Canadians spend on liquor, and it's approaching wine sales.
A survey of 2,000 people across the UK by business intelligence company RFi Group found that, on balance, 18-24 ranked Amazon and PayPal above banks when asked the rank five organisations by how much they trust them to "hold and maintain the privacy and security of your personal information."
Banks with big retail operations dominate the list, meaning investment banking giants including Goldman Sachs and Morgan Stanley, and UBS miss out on the $1 trillion mark, ranking 35th, 34th, and 38th respectively.
Trump wants to roll back banking regulations meant to prevent the type of risky behavior that crashed markets a decade ago
President Donald Trump and his administration is expected to scale back provisions of the Volcker Rule, which is designed to combat exorbitant risk-taking by banks. Some market experts are concerned about this, since bank behavior majorly contributed to the last financial crisis.
Lawrence Summers, the former US Treasury Secretary and former economic advisor to President Obama, takes a dim view of the Federal Reserve’s bank stress tests.
New statistics from the UK's major financial institutions show that some pay men an average of almost 60% more than women.
Millions unemployed, plunging house prices and a global economic crash: Here’s the apocalyptic scenario Britain’s banks will be stress tes...
"Overall, the 2018 stress scenario is more severe than the financial crisis," the Bank of England said.
The WSJ reported that Amazon is in talks with banks including JPMorgan.
Barclays slumps to a £1.9 billion net loss as Trump’s tax plan, Africa sale, and PPI weigh on performance
The loss was down to factors including a hit from US tax changes, costs related to sale of the bank's African unit, and continuing PPI payments.
Banks are mulling a creative way to enforce gun control even if the US government doesn’t make a single change
Some finance-industry titans could take up gun control and let banks and credit-card companies intervene in firearms sales, a New York Times columnist says.