China's economy has underperformed the government's 5% growth target for 2024
A 50-basis-point cut would put the central bank's key interest rate at 3.25%
Intent is relevant to sanctions, panel says, imposing permanent market ban
Loans and margins are growing, but credit provisions and expenses up too
Canadian wealth management, insurance advisory shops are hot properties as M&A activity ramps up
Deal expected to close summer 2025
The policy decision will lower real GDP by $7.9B in 2025, $16.2B in 2026, Conference Board of Canada estimates
The bank says it will put out its year-end results in mid-December
The banks reported mixed results this week
Moody's, Fitch revise rating outlooks higher
Median GDP call revised sharply higher, SIFMA reports
Resilient U.S. consumers, tariff threats, immigration shifts potentially inflationary
A second former Stifel Nicolaus trader settles with SRO
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