Nivedita Balu

3 weeks ago | reuters.com | Nivedita Balu

One of the original Bank of Montreal (BMO) buildings is seen in Toronto, Ontario, Canada June 1, 2021. REUTERS/Chris Helgren/File Photo TORONTO, June 5 (Reuters) - Bank of Montreal (BMO.TO), opens new tab has hired former Bank of America (BAC.N), opens new tab executive Aron Levine to head some of its main U.S. businesses, the Canadian lender said on Thursday.

3 weeks ago | marketscreener.com | Nivedita Balu

Published on 06/02/2025 at 06:37, updated on 06/02/2025 at 16:40 (Reuters) -Canada's commodity-heavy main stock index climbed on Monday, with rising gold prices boosting materials stocks and wildfires in the country's oil-producing province threatening supply, causing energy stocks to edge higher. The S&P/TSX composite index closed up 213.91 points, or 0.82%, at 26,388.96, touching another record high. The materials group gained 4.3%, tracking higher gold prices.

4 weeks ago | reuters.com | Nivedita Balu

The Royal Bank of Canada (RBC) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo TORONTO, May 29 (Reuters) - Royal Bank of Canada (RY.TO), opens new tab has asked employees to be in office four times a week starting in September, according to a memo seen by Reuters, prompting disapproval among some staff discussing the changes in internal chat groups.

1 month ago | insurancejournal.com | Nivedita Balu

Canadian property and casualty insurer Definity Financial’s $2.4 billion purchase of Travelers Cos.’ Canadian business could spur a wave of consolidation in Canada’s insurance sector, its CEO said. The deal announced Tuesday will establish Definity as the fourth-largest property and casualty insurer in Canada and helped shares hit a record high on Wednesday.

1 month ago | reuters.com | Nivedita Balu

TORONTO, May 28 (Reuters) - Canadian property and casualty insurer Definity Financial's (DFY.TO), opens new tab $2.4 billion purchase of Travelers Cos' (TRV.N), opens new tab Canadian business could spur a wave of consolidation in Canada's insurance sector, its CEO said. The deal announced Tuesday will establish Definity as the fourth-largest property and casualty insurer in Canada and helped shares hit a record high on Wednesday. Sign up here.