Leveraged loan issuance hits record high in Q2
Refinancing activity drove new issue spike, even as defaults rise
- By: James Langton
- August 14, 2024 August 14, 2024
- 14:34
Clarifications concerning the capital dividend account are welcomed by tax practitioners
Net assets rose to $646.8 billion, up from $632.3 billion at the end of the previous quarter
Canadian boards lag their U.S. peers on racial diversity and face calls for in-person AGMs, Glass Lewis reports
Year-over-year inflation reached its lowest level in more than three years in July
Much of the industry's involvement may be outside the SRO's perimeter
Government releases consultation paper that also covers external security threats, AI risks
Cheques for partial repayment to Emerge Canada employees bounced: court documents
The wholesale figures reflect a broad, steady slowdown in price increases
The company says its AUM stood at $1.47 trillion at quarter end, up $98 billion from last year
Deal includes about 2,050 clients and $250 million in assets
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