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Rogers applied to the Minister of Finance under the Bank Act for permission to establish a Schedule I bank (a domestic bank that may accept deposits) in summer 2011. [80] At launch, Rogers Bank offered a Rogers-branded credit card targeted at existing customers. [81] A companion card branded for Rogers subsidiary Fido was introduced in 2016. [82]
All PC Financial mortgages, loans, investments, and bank accounts were transferred to CIBC's new direct banking brand Simplii Financial effective November 1, 2017. [7] PC Financial's credit card and insurance products were unaffected by the decision, and continued to be offered by subsidiaries of Loblaw Companies. [8]
Rogers Communications, a Canadian media corporation . Rogers Bank, a financial services company; Rogers Cable, cable provider; Rogers Hi-Speed Internet, Canadian internet service provider
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In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [35]
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US bank stocks rallied following a decisive win by President-elect Donald Trump, in a sign that big Wall Street financial institutions expect to have an easier time in Washington under a new ...