The firm's Canadian wealth management business generated $77 million in third-quarter revenue
Fund industry critics worry about rules' impact on liquidity, costs
Regulator adopts tougher penalties for cheating, restrictions on rewriting
Core inflation remained persistent, even as energy inflation stayed negative
Changes come in the wake of independent review of SRO's arbitration program
Interest-earning program violated state, federal securities laws, regulators alleged
Central bank acknowledges rate-hiking cycle is likely over, but hasn't ruled out raising rates further amid inflation pressures
Former chairman of the Shanghai Stock Exchange to take reins as chairman and Communist Party chief of the China Securities Regulatory Commission
Shares fell another 11% Wednesday after the bank's credit rating got downgraded to “junk”
Total exports fell 1.9% in December to $64.1 billion, led by reduced shipments of motor vehicles and parts
Desjardins and CIBC examine both near- and long-term challenges
Government data shows financial sector is also falling short on gender and Indigenous pay gaps
Firm's executive aided Ng's scheme to raise funds with falsified collateral
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