Laurentian Bank shares fall as it concludes review without deal to sell
Montreal-based bank said it will stick with its current business plan, with an increased focus on efficiency
- By: The Canadian Press
- September 14, 2023 April 4, 2024
- 10:56
Montreal-based bank said it will stick with its current business plan, with an increased focus on efficiency
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Governing board reaches full strength with Biden appointees
SEC sanctions Stoner Cats creator over NFT sales
Unemployment remains historically low in U.S., Europe
Growth is expected to stay tepid
The supply picture has improved somewhat in Ontario, but has worsened in other provinces like Quebec, Alberta, and British Columbia
Decline in the core measure points to inflation coming under control
Disposable income comfortably outpaced the growth in debt, demand for mortgages fell
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Meanwhile, the U.S. stock market held relatively steady near its records
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Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
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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
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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