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A Bay Street sign, a symbol of Canada's economic markets and where main financial institutions are located, is seen in Toronto, May 1, 2013.Mark Blinch/Reuters

Home Capital investors weigh costs of bedding with Buffett

Can Home Capital Group Inc. have too much of Warren Buffett?

The beleaguered mortgage firm is basking in the moment after the renowned investor's Berkshire Hathaway Inc. agreed to extend $2-billion in credit and take a hefty equity stake. Story

Home Capital short seller says he isn't buying the Buffett rescue story

Short seller Marc Cohodes, Home Capital Group's chief foil, says he is not closing out his short position in the stock and is prepared to combat the new narrative that renowned investor Warren Buffett has saved the beleaguered lender. Story

Exclusive: Buffett on how he struck the Home Capital deal

Legendary value investor Warren Buffett's interest in rescuing Home Capital Group Inc. was piqued by an e-mail from 82-year-old Don Johnson, a Canadian banker who sends his thoughts to the investing guru now and then. Story

CIBC closes PrivateBancorp deal, forging ahead in uncertain U.S. market

There were moments in Canadian Imperial Bank of Commerce's year-long courtship of U.S. lender PrivateBancorp when chief executive officer Victor Dodig felt like the world was against him. Story

CIBC reshuffles capital markets team amid bank shakeup

Canadian Imperial Bank of Commerce is reshuffling capital markets staff on both sides of the border, as part of broader changes at the bank that will see more than 40 executives take on new roles. Story

This is the daily Streetwise newsletter with headlines chosen by Globe financial services editor Rita Trichur. You'll notice that we've started to send the weekly wrap on Saturdays now. If you have any feedback, you can reach Rita here (link: rtrichur@globeandmail.). If you're reading this on the Web or someone forwarded this e-mail newsletter to you, you can sign up for the Streetwise newsletter and all Globe newsletters here.

RBC cutting 450 jobs amid head office reshuffle

Royal Bank of Canada is laying off about 450 staff as the bank undertakes a wider reshuffling of its head offices in the Toronto area. Story

Dragons' Den star Dickinson announces her venture-capital team

Dragons' Den star Arlene Dickinson has put together a team of veteran finance and marketing experts to join her at District Ventures Capital, the venture-capital fund she started to invest in consumer-packaged goods in the food, beverage and health space. Story

Activists win control of Liquor Stores ahead of annual meeting

Liquor Stores N.A. Ltd. said on Monday that six out of its eight directors would not stand for re-election at the Edmonton-based retailer's annual meeting after a month-long proxy battle. Story

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Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 19/03/26 4:00pm EDT.

SymbolName% changeLast
RY-T
Royal Bank of Canada
-1.21%220.25
RY-N
Royal Bank of Canada
-1.24%160.33
CM-N
Canadian Imperial Bank of Commerce
-0.95%95.53
CM-T
Canadian Imperial Bank of Commerce
-0.84%131.43

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