Big banks solid in Q3: DBRS
Outlook uncertain amid trade turmoil, fiscal response, macro fallout
- By: James Langton
- September 9, 2025 September 9, 2025
- 14:18
Labor Department says 911,000 fewer jobs created from April 2024 to March 2025 than originally reported
Measures include $5B fund to help companies pivot to new products, retraining funds and changes to EI
Former advisor earned nearly $1M in commissions as clients went bankrupt
New data shows that industry costs as a share of assets declined since 2010
FCA investigating possible competition concern in data access
Bank now sees two rate cuts in the cards, after weak jobs data
Plus, changes at iA Financial Group, Great-West Lifeco and more
Overall borrowing activity declines to $36.7B, the lowest since Q3 of 2023
Medical imaging firm faces allegations it made material misrepresentations in its disclosures
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales