Edition:
United States

Matt Scuffham

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Feb 14 2018

Sun Life eyes acquisitions as earnings beat market view

TORONTO Canadian insurer Sun Life Financial said it was looking to use its financial muscle to make acquisitions after reporting fourth-quarter earnings that exceeded market expectations.

Feb 02 2018

Ontario revokes mortgage broker BDMC license over risky investments

TORONTO Ontario's financial regulator said on Friday it has revoked the license of mortgage brokerage Building Development and Mortgages Canada Inc (BDMC) and Vince Petrozza, a co-founder of a related firm, Fortress Real Developments, following an investigation into risky syndicated mortgage investments.

Jan 18 2018

CIBC eyes FirstCaribbean valuation around $1.4 billion: sources

TORONTO Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.

Jan 18 2018

CIBC eyes FirstCaribbean valuation around $1.4 bln -sources

TORONTO, Jan 18 Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.

Jan 15 2018

Lawsuit in U.S. accuses nine banks of rigging Canadian rate benchmark

NEW YORK/TORONTO Nine large banks, including six from Canada, have been accused in a lawsuit of conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading.

Jan 10 2018

Caisse boss says U.S. NAFTA pullout would lead to more talks

TORONTO Caisse de Depot et Placement du Quebec's [CDPDA.UL] Chief Executive Michael Sabia said he believes that if U.S. President Donald Trump abandons the North American Free Trade Agreement with Canada and Mexico, the United States would then negotiate a new deal with Canada.

Jan 04 2018

Canadian IPO activity seen accelerating in 2018

TORONTO, Jan 4 Initial public offerings by Canadian companies are expected to increase in 2018, driven by activity in industrials, alternative energy and base metals sectors, banking advisers said.

Dec 22 2017

Succession doubts cloud Apotex future after billionaire owner's death

TORONTO Canadian pharmaceuticals billionaire Barry Sherman failed to implement a succession plan at his Apotex business before his death last week, two business associates told Reuters, potentially leaving it vulnerable to takeover approaches.

Dec 22 2017

Canada pays tribute to billionaire couple after mysterious deaths

(In Dec. 21 item, corrects spelling of Jonathon Sherman's first name)

Dec 20 2017

Canada's flat yield curve flashes warning for bank profits

TORONTO Canada's yield curve is nearing inversion for the first time in a decade, potentially restraining the ability of the country's banks and insurers to increase profits despite the Bank of Canada hiking interest rates.

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