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Bank of Canada / Banque Du Canada
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Summary
location iconOttawa, Canada
company sizeCompany size: 1001-5000

The Bank of Canada is the central bank of Canada and was established in 1934 and based in Ottawa. The Bank of Canada is owned by the Canadian federal government and its mission is to regulate credit and currency in the best interests of the economic life of the nation by conducting monetary policy and promoting a safe and efficient financial system.

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Bank of Canada / Banque Du Canada - Recent News & Articles

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Apr 27, 2024
Fed courts nonbanks for FedNow growth

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...

Apr 12, 2024
How FedNow is Shaping Payments Since its Groundbreaking Launch

In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...

Source: Finextra
Feb 16, 2024
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC
Jan 23, 2024
Brex axes 20% of staff

Corporate spend management giant Brex has laid off 282 people (20% of its workforce) and revealed that its COO and CTO are leaving their roles.In a me...

Source: Finextra
Dec 14, 2023
ECB’s Lagarde, Bank of England’s Bailey fight back against rate-cut talk

Europe’s central bankers may be privately cursing Federal Reserve Chair Jerome Powell for the dovish press conference he delivered on Wednesday. “Who ...

Source: MarketWatch
Dec 14, 2023
Norway Central Bank Surprises With Quarter-Percentage Point Rate Hike to 4.5%

Norway's central bank surprised markets by raising its key policy rate Thursday, saying that a final hike in the current cycle was needed to ensure th...

Source: MarketWatch
Nov 11, 2023
China’s ICBC, the world’s biggest bank, hit by cyberattack that reportedly disrupted Treasury markets

The U.S. financial services division of Chinese bank ICBC was hit by a cyberattack that reportedly affected the trade of U.S. Treasurys. ICBC, the wor...

Source: CNBC
Oct 21, 2023
Big banks are quietly cutting thousands of employees, and more layoffs are coming

Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so, with the key exception bein...

Source: CNBC
Sep 18, 2023
FedNow Has Launched As Blockchain Innovation Delivers Next-Gen Instant Payments

The U.S. Federal Reserve launched FedNow in July, the first government real-time payment system in the U.S. The service allows banks and credit unions...

Source: Forbes
Sep 12, 2023
$7.6 trillion of publicly held U.S. government debt matures in next 12 months. What does the Treasury do next?

Close to a third of all publicly-held, outstanding U.S. government debt is set to mature in the next 12 months, raising questions about where Treasury...

Source: MarketWatch