Americas
Banking and finance news from North America, Latin America, and the Caribbean
Canada's CIBC Q3 2026 Canadian Personal & Business Banking net income jumps 17% to C$948 million
CIBC's Canadian P&BB segment delivered Q3 2026 net income of C$948 million, up 17% YoY, while group adjusted pre-provision pre-tax earnings rose 20% and the efficiency ratio improved 200 bps.
Canada's Royal Bank of Canada posts Q3 2026 net income of C$6 billion, up 11% year on year
RBC reported Q3 2026 net income of C$6.02 billion, up 11% YoY, on revenue of C$18.5 billion, with non-interest income rising 13% and net interest income up 5%.
National Bank of Canada Q3 2026 adjusted diluted EPS jumps 26% to C$3.39 on 18% revenue growth
National Bank of Canada’s fiscal third-quarter net income rose 23% to C$1.31 billion, with revenue up 18% to C$4.05 billion and adjusted return on equity of 16.8%.
US Victory Capital to acquire First Eagle Investments in $7 billion deal creating $571 billion manager
Victory Capital agreed to acquire First Eagle Investments for approximately $7 billion, creating a $571 billion diversified global asset manager.
Canada's Scotiabank reports Q3 2026 net income of C$2.95 billion on 11% revenue growth
Scotiabank posted Q3 2026 net income of C$2.95 billion, diluted EPS of C$2.27 and revenue of C$10.5 billion, with reported return on equity of 14.1%.
Canada's Bank of Montreal posts record adjusted EPS of C$3.96 in Q3 2026, up 22% year on year
BMO reported Q3 2026 net income of C$1.75 billion and a record adjusted EPS of C$3.96, up 22% year on year, as adjusted pre-provision pre-tax earnings rose 13%.
The new bank is a settlement network: what the OCC's 23-of-40 digital-asset signal means for stablecoin competition
The OCC says 23 of the 40 charter applications it received in about 18 months involve digital assets, and its approvals point to charters built for custody, settlement and stablecoin reserves before the GENIUS Act takes effect.
Spain's Banco Santander completes $12.3 billion acquisition of Webster Financial Corporation
Santander closed its $12.3 billion acquisition of Webster Financial, issuing 329.8 million new shares and giving Webster holders close to 2.2% of the enlarged group.
US Federal Reserve issues SouthPoint written agreement, ends 2017 Deutsche Bank FX order
The Federal Reserve announced a written agreement with Alabama’s SouthPoint Bancshares and the termination of a 2017 cease and desist order against Deutsche Bank over its oversight of foreign exchange trading.
US's T. Rowe Price agrees to acquire F/m Investments to expand fixed income ETF and SMA reach
T. Rowe Price has agreed to acquire fixed income asset manager F/m Investments to broaden its ETF and separately managed account capabilities, with closing expected in early 2027.
US OCC publishes August 2026 enforcement actions, terminates First National Bank of Pasco agreement
The OCC released its August 2026 enforcement actions, including termination of a formal agreement with First National Bank of Pasco in Florida.
US's Rillet hits unicorn status with $100 million Series C led by ICONIQ at $1 billion valuation
AI-native ERP Rillet raised $100 million in a Series C led by ICONIQ at a $1 billion valuation, its third major raise in about 15 months.