Manulife Financial reports $1.66B in net income in Q4
In Canada, assets under management were up 3% in 2023
- By: The Canadian Press, IE Staff
- February 15, 2024 February 15, 2024
- 12:14
In Canada, assets under management were up 3% in 2023
Net earnings were down for the company's Canada segment
Progress toward climate standards may ease greenwashing concerns, ICMA says
Seeks input by Apr. 14 aimed at improving markets' ability to handle elevated margin calls
Regulator reports rise in scam alerts, misleading promos
Rising refinancing risk, weaker valuations portend further loan losses
Expected increase in demand for rental housing could fall by about 50% as a result of new policy
Guy Cormier and others were honoured by Finance et Investissement
Former head of Scotiabank's wholesale banking and capital markets business replaces Gregory Tretiak at Power Corp. as of March 18
It’s the largest gain since 2021, Canadian Real Estate Association reports
Lower food prices help offset higher energy costs
Green bonds to lead the way, with transition and blue bonds getting traction
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