Political risks shadow slowing U.S. economy
Direct conflict joins slew of elections as ongoing threats to credit
- By: James Langton
- July 29, 2024 July 29, 2024
- 15:29
Adoption was greatest among gen-Z respondents
Rate cuts typically lower borrowing costs for mortgages, auto loans and credit cards
Customized communication encourages clients to stick to the plan
New regime aims to enhance consumer protection, set industry standards
Risky firms, crypto platforms add to compliance division's workload
SEC, DoJ allege Citron Research, and its founder, misled investors
Also in this tech roundup: Equisoft partners with Life Design Analysis
Proposals seek to ease capital raising, bring back research bundling
Other industry veterans and groups are also shifting firms
Sharp difference from last year when the result for the first two months of the fiscal year was a $1.5 billion surplus
Monthly price rise of 0.1% seen as adding to likelihood of a September rate cut
Scotia report offers reality check, calls for positive vision
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