Corporate America’s bankruptcy filings surge: S&P
In June, monthly filings returned to pandemic heights
- By: James Langton
- July 8, 2024 July 8, 2024
- 14:04
In June, monthly filings returned to pandemic heights
Treasury chief says the gov't will work to reverse '14 years of chaos and economic instability'
Failing to reveal impaired driving incident leads to denial
Trusts must disclose pre- and post-June 25 gains or face negative tax consequences
Former rep's objection to regulator's investigative powers stayed
Decision follows similar delays by regulators in Europe, U.S.
New U.K. regime will be caught between policy promises and financial markets
SRO drops firm sponsorship requirement, among other changes
Stephen Power will take over after Mark White steps down later this month
The result was the highest reading for the unemployment rate since January 2022
Employers added 206,000 jobs in a sign of continued economic strength
BCSC previously sanctioned participants in private placement scheme
The firm says the move could allow it to potentially offer private-market indexes, ETFs
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