All articles by Douglas Blakey

Douglas Blakey

Q2 bank earnings: CIBC alone big five Canadian banks to beat forecasts

CIBC Q2 2023 Canadian Personal & Business Banking net income +28%

Nymbus completes series D funding round, raises $70m  

Series D funding round led by Insight Partners, supported by ConnectOne and PeoplesBank

Strengthening protections for borrowers in financial difficulty: FCA consultation  

UK regulator, the FCA, highlights the need for lenders to support consumers in financial difficulty

Pegasystems announces Pega GenAI to infuse Generative AI capabilities  

Built on a future-ready architecture, new Generative AI-powered capabilities boost developer productivity and marketing effectiveness

Toronto Dominion Q2 2023 profits -12% to C$3.4bn, US retail profits +3%

TD reports strong revenue and earnings growth in its Canadian and US retail banking units for the quarter to end April

RBC Q2 2023 net income -14% y-o-y to C$3.6bn, provisions rise

RBC Q2 2023 pre-provision, pre-tax earnings rise by 1% to C$5.0bn mainly reflecting higher net interest income and strong loan growth in Canadian Banking and Wealth Management

Scotiabank Q2 2023 net profit dips by 21.4% on higher provisions

Scotiabank reports second quarter net income of C$2.16bn compared to C$2.75bn million in the same period last year

BMO Q2 2023 net income inches up, miss forecasts on higher provisions  

Improved margins boost BMO net interest income but wealth and capital markets net income declines from the year ago quarter

Episode Six announces $48m Series C financing

Funding round led by Avenir serves to expand global market leadership in payments and banking infrastructure

ZA Bank to launch virtual asset trading services for retail investors

Hong Kong based virtual bank responds to growing demand for virtual assets in the city