Company
One of Canada's largest banks, offering retail banking, wealth management, and capital markets services through its RBC Capital Markets division.
Tanker captains crossing the Strait of Hormuz can earn $100,000 a month plus $50,000 a trip, the Financial Times reported. With Hormuz freight at a record $1.3 million a day, Fortune reported, that premium matters more for keeping ships crewed than for what oil costs.
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JPMorganChase topped Evident AI's bank ranking for a fourth straight year, and Evident says its lead over banks outside the top ten is widening. The firm credits platform architecture the smaller banks have yet to build.
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Custom silicon made up 73% of the $16.7bn AI quarter. Hock Tan says that line doubles twice by fiscal 2028. He has already secured wafers and memory through 2028 to serve promises only six buyers have made.
Perspective Coverage
9 publishersReality
The six dollar-denominated Canadian pledges made ahead of next week's Toronto summit add up to about $98.4 billion, and $70 billion of that is BMO's ten-year infrastructure figure. The fund aimed at scaling technology companies is $1.4 billion.
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Ivan Chebeskov's 3.7 trillion ruble estimate covers coins and products linked to them, and the same ministry says at least 10 million wallets belonging to Russian citizens sit on foreign exchanges it wants back.
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Sber has put a price on moving Russian trade payments out of the fiat system, and the price is the only quantity it published; the app that would make it self-service is not due until the end of 2026.
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The CA$2 billion splits evenly and BMO books roughly 15 basis points of capital, but the referral fees that are the whole of what the two banks kept carry no disclosed rate or term, so nobody outside can value them.
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The Vertice index puts software inflation at 12 to 16.4% against 2.7% in the G7, and four years of seat-price rises have left vendors choosing among three successor models.
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RBC and BMO's $2-billion CAD sale of Moneris would route roughly one in three Canadian payments through a US-controlled entity. Domestic rivals are already fielding the calls.
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Casey's, Couche-Tard and Murphy USA are all up at least 24% this year on a defensive label. The earnings driver is a closed Strait of Hormuz, which is the opposite of defensive.
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