U.S. economic growth for Q2 upgraded to 3% annual rate
Measures of consumers' spirits have shown a recent uptick
- By: Paul Wiseman
- August 29, 2024 August 29, 2024
- 09:55
Measures of consumers' spirits have shown a recent uptick
Fund industry warns about risks to investors as portfolio reporting increases
Regulator details anti-greenwashing efforts, anticipates new disclosure demands
Regulators has concerns about conflicts, consumer value and competition
CPP, QPP sustainable over 75-year horizon, report says
Ottawa surveying firms on procurement process that's expected to launch in spring 2025
The bank's wealth management arm earned more than a year earlier
Growth in fee-based revenues and net interest income drove improved results in wealth management
Swiss firm sold gas cheap to benefit short position, regulator alleges
Interest-bearing accounts constituted securities, regulator alleged
Funds shifting asset allocations away from offices, toward private credit
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