Rough return to office to weigh on banks: DBRS
Weakness in commercial real estate will impact Big Six loan portfolios
- By: James Langton
- October 5, 2023 October 5, 2023
- 15:39
IFIC's annual investor poll found fewer investors are relying on advisors for fund purchases
Regulators set interim rules for fiat-backed cryptoassets
ESMA launches consultation on reducing settlement cycle
Higher borrowing costs could lead Federal Reserve to forgo another hike
The order has prevented investors from cashing out after recent gains for Emerge's six ARK ETFs
Exports of gold and crude oil helped drive results
TD Economics expects declines in sales and prices into 2024 across most regions
Top concerns are returns, lack of starndardized data and regulation, Morningstar survey says
Abraham Tachjian stays on as Canada's open banking lead, plus Laurentian Bank changes leadership
Campaign cites high banking fees, payments processing costs
The clampdown includes the sale of unsuitable universal life policies
New cash-settled index futures to arrive in January
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