Scotiabank signs agreement to buy stake in KeyCorp
The Canadian bank will pay a total of about US$2.8 billion for a 14.9% stake in the company
- By: Ian Bickis, The Canadian Press
- August 12, 2024 August 12, 2024
- 15:35
Top Stories in News
From the Regulators
SEC alleges crypto scheme was a Ponzi
NovaTech allegedly took more than US$650 million from investors globally
- By: James Langton
- August 12, 2024 August 12, 2024
- 13:50
Household incomes gain steam: OECD
Per capita income growth rose in Q1, outpaced GDP
- By: James Langton
- August 12, 2024 August 12, 2024
- 13:09
Industry News
Former CFO suing RBC for $49M in wrongful dismissal claim
RBC announced on April 5 it had fired Nadine Ahn, Ken Mason after an internal review
- By: Ian Bickis, The Canadian Press
- August 12, 2024 August 12, 2024
- 12:15
Research and Markets
Americans’ refusal to pay higher prices may be final blow to U.S. inflation spike
Consumers increasingly seeking cheaper alternatives, bargains or avoiding items they deem too expensive
- By: Christopher Rugaber, The Associated Press
- August 12, 2024 August 12, 2024
- 09:24
Big banks to eke out modest earnings growth: Fitch
Asset quality, capital expected to remain strong
- By: James Langton
- August 9, 2024 August 12, 2024
- 15:46
From the Regulators
Crypto tipster gets US$1-million payout
Majority of tips, half of enforcement actions involve crypto, CFTC says
- By: James Langton
- August 9, 2024 August 9, 2024
- 15:38
From the Regulators
Court orders record recovery against FTX
Order demands US$12.7 billion in disgorgement, investor restitution
- By: James Langton
- August 9, 2024 August 9, 2024
- 15:30
IGM Financial assets up in Q2 amid outflows
Capital gains changes heightened fund sales and redemptions in June, firm said
- By: IE Staff
- August 9, 2024 August 9, 2024
- 14:54
Industry News
Canaccord’s capital markets business picks up in latest quarter
Firm’s global wealth management operations set quarterly revenue record
- By: Noushin Ziafati
- August 9, 2024 August 9, 2024
- 13:02
Students, recent immigrants hit hard by weakening job market
Jobless rate held steady at 6.4% last month as economy shed 2,800 jobs: StatCan
- By: Nojoud Al Mallees, Canadian Press
- August 9, 2024 August 9, 2024
- 08:48
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