BMO selling EMEA asset management business to Ameriprise Financial for $1.09B
The transaction is expected to close by the end of this year
- By: The Canadian Press
- April 12, 2021 April 12, 2021
- 10:05
Latest news in Industry News
How to connect with your clients’ kids
Providing early guidance on goals and investing can help build your book
- By: Katie Keir
- April 9, 2021 April 9, 2021
- 14:20
Wilkins named to U.K. oversight body
Former BoC senior deputy governor will serve as external member of U.K.'s Financial Policy Committee
- By: James Langton
- April 8, 2021 April 8, 2021
- 14:52
OSFI proposes new stress test for uninsured mortgages
Increasing the qualifying rate would help ensure borrowers can pay their mortgages if rates rise
- By: Jordan Press, The Canadian Press
- April 8, 2021 April 8, 2021
- 14:26
Policy-makers should tackle housing supply with more density and transit: Dodig
CIBC's CEO commented on Canada's heated housing market ahead of the bank's annual general meeting
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- April 8, 2021 April 8, 2021
- 12:55
Feds should be ‘cautious’ and avoid overstimulation with upcoming budget: RBC CEO
Dave McKay also spoke at the bank's AGM about the need for a more inclusive Canadian society
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- April 8, 2021 April 8, 2021
- 12:06
IIROC bans former advisor for off-book investments
The MFDA also banned the man for similar misconduct
- By: IE Staff
- April 7, 2021 April 7, 2021
- 16:45
Fed in March saw brighter outlook, yet underscored patience
In meeting minutes, the Federal Reserve gave no sign of ending bond purchases
- By: Christopher Rugaber, The Associated Press, The Associated Press
- April 7, 2021 April 7, 2021
- 16:15
Tax tips for self-employed clients
The Canada Revenue Agency provided pointers for business owners who received Covid-19 benefits
- By: IE Staff
- April 7, 2021 April 7, 2021
- 14:28
BMO found AI, climate change and diversity opportunities in pandemic: CEO
Darryl White spoke at the bank's virtual annual general meeting
- By: The Canadian Press
- April 7, 2021 April 7, 2021
- 12:39
Higher U.S. corporate taxes would boost growth: Yellen
The 2017 tax cuts failed to deliver an accelerating economy, the Treasury secretary said
- By: Josh Boak, The Associated Press
- April 7, 2021 April 7, 2021
- 11:55
CI’s new joint venture will invest in global real estate and infrastructure
The partners at Axia Real Assets have managed over $50 billion combined in real asset investments
- By: IE Staff
- April 7, 2021 April 7, 2021
- 10:57
Shuttering of national securities regulator came as no surprise to industry
Now that the project has been shelved, Ottawa and the provinces can focus on improving securities regulation, experts say
- By: Rudy Mezzetta
- April 6, 2021 April 7, 2021
- 18:19
$4.7B flowed into Canadian ETFs in March
Flows into ESG funds have already surpassed last year’s record, according to National Bank
- By: Mark Burgess
- April 6, 2021 April 13, 2021
- 13:04
CPP Investments launches sustainable energy group
The group will invest in renewables, conventional energy and new technology
- By: IE Staff
- April 6, 2021 April 6, 2021
- 12:32
Canada Life offers customizable term insurance
Clients can choose the exact term they want
- By: IE Staff
- April 5, 2021 April 6, 2021
- 08:30
RBC completes sale of Eastern Caribbean operations
The bank's Caribbean presence now includes 41 branches supported by 3,000 employees
- By: IE Staff
- April 1, 2021 April 1, 2021
- 16:02
Brookfield closes deal for Brookfield Property Partners
The asset manager sweetened the deal with an offer of US$6.5 billion
- By: The Canadian Press
- April 1, 2021 April 1, 2021
- 11:18
Eager to build infrastructure, Biden plans to tax business
The American president's plan includes hiking the corporate rate to 28% from 21%
- By: Jonathan Lemire, Kevin Freking, Zeke Miller, The Associated Press
- March 31, 2021 March 31, 2021
- 16:12
Fund companies announce a bevy of new ETF launches
Dynamic Funds, Guardian Capital and CIBC Asset Management all have new products
- By: IE Staff
- March 31, 2021 March 31, 2021
- 11:36
Ontario Teachers’ Pension Plan earned total fund net return of 8.6% in 2020
The plan earned $18.0 billion in investment income in 2020
- By: The Canadian Press
- March 30, 2021 March 30, 2021
- 10:17
Calling all night owls: MX looks to fill expanded trading hours
The Montreal Exchange is seeking market makers for Asian trading
- By: James Langton
- March 29, 2021 March 29, 2021
- 14:50
Finance Department sees issues with Facebook’s digital currency, documents show
Officials appeared less concerned about rivals like Bitcoin
- By: The Canadian Press
- March 29, 2021 March 29, 2021
- 13:53
Global banks warn of possible losses from hedge fund default
News reports identified the hedge fund as New York-based Archegos Capital Management
- By: The Associated Press
- March 29, 2021 March 29, 2021
- 13:47
Coming this fall: a new approach to trading at the close
TSX sets a date for the launch of its new "market-on-close" trading model
- By: James Langton
- March 26, 2021 March 26, 2021
- 14:11