As crypto hype waned, crypto crime did too
Scams and hacking down, but ransomware is resurgent, Chainalysis reports
- By: James Langton
- March 1, 2024 March 1, 2024
- 14:53
Scams and hacking down, but ransomware is resurgent, Chainalysis reports
Claim for $700M alleges Medicus Pension Plan was built on confidential information
Move is the latest in a series of campaigns aimed at high-wealth individuals
Provincial budget states the move will save taxpayers $160 million a year by 2028
Total spending is forecast to rise by 3.9% increase from last year
Banks should track social media as a liquidity risk factor, rating agency says
Excluding volatile food and energy costs, prices in U.S. rose 0.4% from December to January
The bank reported a first-quarter profit of $2.82 billion, up from $1.58 billion a year earlier
Statistics Canada reports increase in GDP by an annualized rate of 1%, beating expectations
Company says fears of impaired loans in its U.S. office portfolio have also been sorted out
They want investment firms to be transparent about the use of AI and smart about mitigating risks
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