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Bay Street Looks Headed For Positive Start

Canadian shares look headed for a positive start Thursday morning thanks to firm European markets and higher crude oil and gold prices. Investors will also be reacting to the European Central Banks policy announcement, and producer price inflation data from the U.S. Empire Company Ltd. (EMP.A.TO) reported net earnings of $207.8 million ($0.86 per share)...

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BoE Softens Capital Regime For Banks

The Bank of England said the capital threshold for major UK banks will be virtually unchanged, and delayed the implementation date for the new Basel standards by another six months as regulators bowed down to heavy lobbying. The Prudential Regulation Authority estimated that the tier 1 capital requirements for major banks will increase by less...

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