Mario Mendonca

IAG Flush With Cash for Market Downturn: Corporate Canada

Industrial Alliance Insurance and Financial Services Inc. is poised to continue outperforming Canadian insurance peers as it shores up capital to guard against a decline in stocks.

World’s Soundest Banks See Lower Profit: Corporate Canada

Canada’s banks, the most stable in the world, will probably post the lowest profit growth in two quarters as consumer lending eases and spending subsides ahead of a potential housing slowdown.

Great-West Joins Insurance Rally With Deal

Great-West Lifeco Inc.’s C$1.75 billion ($1.72 billion) agreement to buy Irish Life Group Ltd. signals a return to growth for the Canadian insurance industry that has spent years since the financial crisis seeking to contain damage from plunging stock prices.

Royal Bank's ‘Hodgepodge’ U.S. Retail Lender May Fetch Up to $3.7 Billion

Royal Bank of Canada , Canada’s largest lender, may get as much as $3.7 billion in the sale of its U.S. consumer bank, a fraction of what it invested in the money-losing business, analysts said.

RBC Has ‘Shot’ at Being Systemically Important in Basel Rule, Analyst Says

Royal Bank of Canada is the only Canadian lender with a “reasonable shot” at being classified as “globally systemically important” by the Basel Committee on Banking Supervision, Canaccord Genuity analyst Mario Mendonca said.

Bank Profit Growth Rises on Business Loans: Corporate Canada

Canadian banks, including Royal Bank of Canada and Bank of Montreal, will post higher profit in the fiscal second quarter as a firming economy fueled loans to consumers and businesses, analysts said.

Canada Banks May Defy Economic Slowdown With Earnings Growth

Canadian banks, ranked the soundest in the world, may post a fourth-straight quarter of profit growth as improved credit quality helps offset the economic slowdown that’s hindered growth at some global lenders.

Sun Life Says President Boscia to Retire Next Year, Join Insurer's Board

Sun Life Financial Inc. said President Jon Boscia , considered a possible successor to Chief Executive Officer Donald Stewart , will retire in the first quarter of 2011.

OCBC World’s Strongest Bank in Singapore as Canadians Dominate

Ask David Conner, chief executive officer of Singapore’s Oversea-Chinese Banking Corp., what makes a world-class bank and he smiles and tells the story of how he was hired. It was April 2002, and Singapore’s banks faced a struggling economy, poor demand for credit and rising competition from foreign lenders that had just won greater access to the Singaporean market.

TD Tops Buying Spree Joined by RBC, Scotiabank

Royal Bank of Canada, Toronto- Dominion Bank and Bank of Nova Scotia, three of the world’s soundest financial firms, are seeking to boost profit with more than C$12 billion ($12.1 billion) in consumer-oriented acquisitions.

"It's a cushion against any worst-case scenario."

- Mario Mendonca on May 08, 2013

Canada

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