Recent data suggest U.S. economy remains hot
The bank also reported little progress on reducing emissions of oil and gas financing
Aggregate settlement value held up, even as volumes declined
Non-trading revenues at U.S. venues also rose in 2023, Fitch reports
While volatile food and energy components ease, other prices resist: OECD
Firm said the move supports its goal of doubling AUM and increasing market share to 10%
Underlying price pressures are still persistently high, the central bank said
It's AUM that matters most to managers' careers, research finds
Report predicts the first rate cut to come in April, slightly earlier than financial markets expect
Consumer insolvencies also increased in January, but not nearly as sharply
Regulator outlines array of weaknesses in firms' anti-crime controls
Four banks face lawsuits over duplicate NSF fees
Climate, compensation and governance issues to feature prominently
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