From the global financial crisis to economic collapse caused by the pandemic, the Canadian banks have weathered it all. While that has burnished the industry’s reputation as risk-averse entities with strong internal controls, they have been slow to embrace technological advancements and adopt global regulatory changes. Now a sudden and sharp rise in interest rates by the central bank is choking one of the main revenue source — mortgages. As the economy faces headwinds from a slowing housing market, record household debt and elevated interest rates, some investors are questioning banks’ ability to ride a housing-driven economic downturn.
About this Job
As our Canada Financial Services Correspondent, you will:
-Build sources among Bay Street financiers and regulators and break into the secretive world of pension funds
-Collaborate with reporters around the world to land high-impact exclusives on M&A, capital raising and executive shuffles
-Identify niche areas in the financial services industry for coverage
-Distinguish Reuters coverage by producing a series of deeper-reported stories while shepherding the spot file
About You
To be our Canada Financial Services Correspondent, you will likely have:
– Five to 10 years of experience
– Prior experience of covering financial services
– Excellent news judgment and a strong team ethic
– Good track record of source building and producing scoops
– Proven ability to generate innovative story ideas and turn them into wire-ready stories
– Good organizational skills, with an ability to manage breaking news as well as conceive and help execute insightful stories
To apply, go here.
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