GST impact: Insurance premium, bank charges to increase

The impending implementation of GST would undoubtedly impact one’s personal finances especially when it comes to financial services, albeit marginally. From the present rate of 15 percent, the GST on banking, insurance and investments such…

Schedule I Canadian Banks – (Part 1 Of…

Shutterstock photoBy Charles Fournier :All figures are expressed in Canadian dollars unless otherwise noted.IntroductionBank of Montreal (NYSE: [[BMO]]), Canada's 4th largest bank by market cap, reported Q2 2017 results on May 24th. Despite reporting relatively…

If bad debt doesn't rise during hard times,…

Many banks in Asia have seen asset quality deteriorate in a difficult post-crisis climate, but the rise in non-performing loans should be assessed in the context of that environment, Singapore's central bank chief said on…

This bank is betting that boat racing will…

Singapore-based bank DBS is hoping an aquatic event can help it ride the millennial wave.The bank is marketing directly to that generation — often defined as those aged 18 to 35 — for a regatta…