Economy

U.S. banks report second best profits ever

U.S. banks reported net income of $34.7 billion in the fourth quarter of 2012, a 37% improvement from Q4 2011, finds the Federal Deposit Insurance Corporation (FDIC). And for the full year, industry earnings totaled $141.3 billion, the second highest ever reported by the industry after the $145.2 billion earned in 2006. Read: JPMorgan’s earnings […]

By Staff |February 27, 2013

2 min read

Three DIY structured notes

Differentiate your practice with products you make yourself

By Staff |February 27, 2013

3 min read

How the shale gas boom will impact the economy

The surge in unconventional gas production is transforming sectors such as energy and transportation, finds RBC Capital Markets and the Economist Intelligence Unit. Read: What’s wrong with fracking? “We are entering a paradigm shift in the way that businesses and national governments look at energy, particularly as it relates to underlying market drivers, business models, […]

By Staff |February 26, 2013

2 min read

Toronto a tale of two condo markets

The Greater Toronto Area is a tale of two markets: high-rise condos, which are increasing in demand; and low-rise buildings, which are lacking in product and choice, says the Building Industry and Land Development Association (BILD). Read: Condo buyers can’t afford fees: TD In the high-rise market, new homebuyers are still finding quality, affordable homes […]

By Staff |February 26, 2013

2 min read