Mexico’s banks to face profit pressure: Fitch
As country is plunged into recession, banks to see rising loan losses, tighter margins
- By: James Langton
- March 25, 2025 March 25, 2025
- 17:49
Province plans to spend $11 billion on infrastructure over three years to stimulate the economy
China imposed retaliatory tariffs on some Canadian agricultural exports last week
Regulator aims to cut old requirements amid new conduct standards
SRO previews initiatives to industry event
Local boots on the ground needed to defend investors, state regs tell Congress
Andrew Kriegler expressed confidence that regulators 'have a path forward' on longstanding issue of incorporation
Canadian small and medium businesses derive an average of 31.1% of their revenue from U.S. sales
The Conference Board’s index dropped to 92.9 in March, below analysts' expectations
The two firms share a passion for offering an alternative to the banks, Tom Bradley says
The 2024 fall economic statement is "off the table," experts say
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