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James Knowles was born at sea, December 5, 1811, his father, the previous day, having been swept overboard and lost. Unfortunately no record of the misfortune was kept to be available for the present purpose; hence we are unable to give either the name of the ship, or the latitude and longitude it was in when his birth occurred. Picture to yourself the deck of a vessel in mid-ocean, where the widow of a day becomes a mother the next, the subject of this sketch being the infant presented to her bosom, and you have a glimpse of the situation-though it be unconnected with either a cottage, a...

Canada's big six banks weathered the 2008 financial crisis very well. Their adherence to tried and tested twentieth-century products and services made them a safe harbour in the financial storm. However, as the modern global information economy continues to develop, the banks must confront their innovation crisis, or they will fail.

In Stumbling Giants, Patricia Meredith and James L. Darroch embark on an audacious and startling examination of Canada's big banks. With banks earning forty percent return on equity from traditional retail banking, pressure from investors with...