Manulife cuts 2.5% of its global wealth and asset management staff
The cuts come just a year after the insurer cut 250 positions in its investment management division
- By: Jonathan Got
- October 30, 2024 April 10, 2025
- 17:18
Top Stories in News
Retail investors vulnerable to greenwashing: OSC
Experiment finds investors lured by ESG ratings they don't understand
- By: James Langton
- October 30, 2024 October 30, 2024
- 15:51
BCSC sanctions unregistered trading
Man banned four years, pays $135,000 in settlement with regulator
- By: James Langton
- October 30, 2024 October 30, 2024
- 14:44
U.S. jobs report on eve of election will be among the most muddled in years
Job growth was held down in October by hurricanes and worker strikes
- By: Christopher Rugaber, The Associated Press
- October 30, 2024 October 30, 2024
- 14:14
Ontario sets table to balance books ahead of possible early election
Previously forecasted deficit of $4.6 billion for 2025-26 has now been amended to just $1.5 billion
- By: Liam Casey, The Canadian Press
- October 30, 2024 October 30, 2024
- 14:07
U.S. economy grew at a solid 2.8% pace last quarter
Consumer spending helps drive growth despite the weight of still-high interest rates
- By: Paul Wiseman, The Associated Press
- October 30, 2024 October 30, 2024
- 14:00
Women welcome on boards, scarce in C-suites
Review highlights improved board diversity, lack of female CEOs, CFOs
- By: James Langton
- October 30, 2024 October 30, 2024
- 13:50
FINRA reviews day-trading rules
SRO considers modernizing rules amid market, investor evolution
- By: James Langton
- October 30, 2024 October 30, 2024
- 13:48
Lower rates welcome, but risks abound: Fitch
Credit conditions improve, but geopolitics, U.S. election, China cloud outlook
- By: James Langton
- October 30, 2024 October 30, 2024
- 13:36
Pollara boss: We are in a ‘psychological recession’
Canadians are investing less because of inflation and higher interest rates
- By: Kevin Press
- October 30, 2024 October 30, 2024
- 11:39
Most polled Canadians afraid of running out of money in retirement
Non-retirees' expectations of required savings increased by $200,000 compared to last year, CPP Investments finds
- By: IE Staff
- October 30, 2024 April 10, 2025
- 09:57
Bridging execs engaged in fraud: tribunal
OSC proved most of its case against failed firm's founders, panel ruled
- By: James Langton
- October 29, 2024 October 30, 2024
- 17:00
U.S. job openings fell in September to 3.5-year low
Job openings fell in particular at health-care companies, government agencies
- By: Paul Wiseman, The Associated Press
- October 29, 2024 October 29, 2024
- 13:38
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