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Federal Privacy Office Acted Like RBC’s PR Arm, Says Integrity Advocate

Federal Privacy Office Acted Like RBC’s PR Arm, Says Integrity Advocate FOI reveals watchdog pushed media to change headline on story about investigation into bank. Canada’s privacy watchdog moved to have news reports about its investigation of RBC and Facebook changed after the bank complained they were “problematic,” documents released under freedom of information legislation […]

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Top 30 Risky Banks – Does it Really Matter?

Top 30 Risky Banks – Does it Really Matter? The Royal Bank of Canada (RPC) has been added to the list of the top 30 banks posing the greatest risk. The top US bank is JP Morgan which is now the only bank required to hold an extra 2.5% of common equity after its US peer […]

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Fresh Mainstream Nonsense on Gold Demand

Fresh Mainstream Nonsense on Gold Demand  They Will Never Get It… We and many others have made a valiant effort over the years to explain what actually moves the gold market (as examples see e.g. our  article “Misconceptions About Gold”, or Robert Blumen’s excellent essay “Misunderstanding Gold Demand”).  Sometimes it is a bit frustrating when […]

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Canada’s RBC and BMO move to cut prime rates

Canada’s RBC and BMO move to cut prime rates TORONTO (Reuters) – Royal Bank of Canada, the country’s biggest lender, said on Tuesday it would cut its prime lending rate by 15 basis points, becoming the first of Canada’s big banks to trim borrowing costs nearly a week after the central bank stunned markets with a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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