Fake AI hedge fund manager admits fraud in U.S.
Scheme promised investors hefty profits from AI-driven trading strategy
- By: James Langton
- February 13, 2025 February 13, 2025
- 15:43
Top Stories in News
Crypto miners plead to U.S. fraud charges
Estonian pair agreed to forfeit over US$400 million in assets for duping investors
- By: James Langton
- February 13, 2025 February 13, 2025
- 15:40
Canadian small businesses report cancelled, delayed orders on tariffs threat
One in five say their company will go under in the next quarter if Ottawa doesn't provide support
- By: Kevin Press
- February 13, 2025 February 13, 2025
- 15:00
Trump signs a plan for reciprocal tariffs on U.S. trading partners
The tariff increases would be customized for each country with the partial goal of starting new trade negotiations
- By: Josh Boak, The Associated Press
- February 13, 2025 February 13, 2025
- 14:29
U.S. CFPB closure bad for consumers, OK for firms
Advocate's shutdown would ease legal and compliance costs, DBRS says
- By: James Langton
- February 13, 2025 February 13, 2025
- 13:32
Market risks high, correction possible: ESMA
Surging markets highlight risk of decoupling from economic reality
- By: James Langton
- February 13, 2025 February 13, 2025
- 12:09
FINTRAC sanctions securities dealer
Compliance review uncovered weaknesses in firm's compliance procedures
- By: James Langton
- February 13, 2025 February 13, 2025
- 12:03
Unemployment low, stable in 2024: OECD
Jobless rates unchanged in December, remaining low for the year
- By: James Langton
- February 13, 2025 February 13, 2025
- 11:58
Brookfield reports US$432M Q4 profit attributable to shareholders
Revenue for the quarter totalled US$19.4 billion, down from US$24.5 billion a year earlier
- By: The Canadian Press
- February 13, 2025 February 13, 2025
- 11:28
SEC makes it easier to ignore shareholder proposals
Companies will have more freedom to reject shareholder issues
- By: James Langton
- February 13, 2025 February 13, 2025
- 11:22
Sun Life Financial earns $237 million in fourth quarter
The insurer earned more than twice that in Q4 2023
- By: IE staff, with files from Canadian Press
- February 13, 2025 February 13, 2025
- 09:37
U.K. economy ekes out modest growth in final quarter of 2024
Economy grew by 0.1% for the quarter and 0.9% overall in 2024
- By: The Associated Press
- February 13, 2025 February 13, 2025
- 09:33
U.S. wholesale prices up a hot 0.4% in December
As fight against inflation stalls, expectations for rate cuts this year have diminished
- By: Paul Wiseman, The Associated Press
- February 13, 2025 April 10, 2025
- 09:25
Oil prices climb, Canadian equities fall as talks to end Middle East war stall
Meanwhile, the U.S. stock market held relatively steady near its records
- By: Ritika Dubey, The Canadian Press
- April 29, 2026 April 29, 2026
- 17:22
Industry innovates, but financial health suffers
Paper calls for guardrails against negative side effects of digital innovation
- By: James Langton
- April 29, 2026 April 29, 2026
- 16:09
Structured finance outlooks dim as economy wobbles
Asset performance to weaken as growth slows and inflation, rates face pressure
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:50
Crypto money launderer gets prison in U.S.
Shell companies, crypto exchange processed US$470 million in drug money
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:55
CFTC asserts oversight of prediction markets
In series of legal filings, regulator claims exclusive jurisdiction
- By: James Langton
- April 29, 2026 April 29, 2026
- 09:29
FCA launches ESG ratings pilot
Project designed to avoid creating needless burden with new regime
- By: James Langton
- April 28, 2026 April 28, 2026
- 12:39
Powell plans to stay on at Fed after his term as chair ends
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
- By: Christopher Rugaber, The Associated Press
- April 29, 2026 April 29, 2026
- 14:24
Corient plans expansion into Canada
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
- By: IE Staff
- April 29, 2026 April 29, 2026
- 13:50
Foreign direct investment in Canada up 6.9% in 2025
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
- By: Jonathan Got
- April 29, 2026 April 29, 2026
- 12:46
Fed chair Powell may reveal next steps Wednesday
Powell has signalled he could stay on Fed board after term as chair ends May 15
- By: Christopher Rugaber, The Associated Press
- April 28, 2026 April 28, 2026
- 10:21
Kevin Gopaul to head up VanEck’s expansion into Canada
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 17:30
Industry moves: Former BMO private wealth head Geoff Newton joins RBC Wealth Management
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 16:05
Product roundup: First Trust launches energy ETF
Plus, a new gold bullion mutual fund and a slew of product lineup changes
- By: Noushin Ziafati
- April 24, 2026 April 24, 2026
- 17:15
Opinion: Insurers need to call the same riders by the same names
Clarity for clients makes it easier to shop across carriers
- By: Jonathan Got
- April 22, 2026 April 22, 2026
- 12:59
‘Market weakness’ causes mutual fund, ETF asset declines in March: SIMA
At the same time, both fund types recorded positive net sales
- By: Noushin Ziafati
- April 21, 2026 April 21, 2026
- 15:52