National Bank of Canada

National Bank of Canada | September 22, 2016

In terms of coupon it’s about as good as it gets.We are referring to Thursday’s 750 million euro seven year AAA-rated covered bond issue by the National Bank of Canada (NBC).For that borrowing the bank was able to attract enough investors to print a coupon that started with a zero and ended with a zero: in other words, NBC is paying 0.00% for the borrowing.Because NBC’s issue was priced at 99.72 euros per 100 euro face value — meaning a slight discount — the deal ca...

National Bank of Canada | October 19, 2016

OTTAWA – The Bank of Canada has downgraded the country’s growth outlook yet again as it released fresh projections Wednesday that pointed to dampened expectations for exports and real estate activity.The central bank also held its trendsetting interest rate at its current low level of 0.5 per cent, which was widely expected....

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...