Scotiabank raises dividend as profit climbs

Scotiabank Chief Executive Brian Porter said both Canadian and international personal and commercial banking earnings jumped more than 10% from last year as loans and deposits grew.


Wells Fargo to close 450 branches

That's meaningfully more than the bank with the second highest number of branches, JPMorgan Chase, with 5,217 locations.


Silicon Valley Bank sets sights on Canada

Silicon Valley Bank, based in Santa Clara, Calif., filed an application Thursday with Canada’s banking regulator for a license to open a lending branch in Toronto.