First Republic Bank seized, sold to JPMorgan Chase
Customers pulled out more than US$100 billion in deposits after SVB and Signature Bank failed
- By: Ken Sweet
- May 1, 2023 May 1, 2023
- 11:13
Top Stories in News
Research and Markets
Tighter conditions dim global banking activity
Cross-border credit, value of derivatives drops in Q4, BIS reports
- April 28, 2023 April 28, 2023
- 16:03
Financial planning projections maintain long-term inflation rate of 2.1%
FP Canada and the IQFP released their 2023 guidelines for inflation and returns
- By: Mark Burgess
- April 28, 2023 April 28, 2023
- 15:57
From the Regulators
SPAC fraudsman gets three years in jail
Former CFO embezzled US$5 million to trade meme stocks, crypto
- By: James Langton
- April 28, 2023 April 28, 2023
- 15:45
Why commodity prices drop, but food prices do not
Supply chain issues, wage costs keep food prices high, even as inputs fall
- By: James Langton
- April 28, 2023 April 28, 2023
- 15:45
CFTC fraud case results in record penalty
U.S. court orders US$3.4 billion in penalties and restitution in global forex fraud
- By: James Langton
- April 28, 2023 April 28, 2023
- 15:23
Research and Markets
U.S. crypto regulation faces political battle: Moody’s
Failure to move much-need legislation would send a "negative signal" to market
- By: James Langton
- April 28, 2023 April 28, 2023
- 15:00
Industry News
Federal government posts $3.1 surplus for first 11 months of 2022-23 fiscal year
Interest rates pushed debt charges up 40.7%
- By: The Canadian Press
- April 28, 2023 April 28, 2023
- 14:48
Fed faults Silicon Valley Bank execs, itself in bank failure
SVB “remained well-rated, even as conditions deteriorated,” central bank report says
- By: Christopher Rugaber, The Associated Press, Ken Sweet
- April 28, 2023 April 28, 2023
- 14:29
Global economy surprises to the upside: Fitch
A strong rebound in China boosts first quarter growth
- By: James Langton
- April 28, 2023 April 28, 2023
- 14:21
Industry moves this week
Changes include new role for former Richardson Wealth CEO Andrew Marsh and Fiduciary Trust Canada has a new CEO
- April 28, 2023 April 28, 2023
- 14:05
After economy posts strong start to 2023, new data suggests slowdown has begun
February growth below forecast with contractions in manufacturing, wholesale and retail trade
- By: Nojoud Al Mallees, Canadian Press
- April 28, 2023 April 28, 2023
- 12:55
Participating whole life: What it can and can’t accomplish
Advisors should “show a less rosy picture” than the DSIR
- By: Greg Meckbach
- April 28, 2023 April 28, 2023
- 12:36
Oil prices climb, Canadian equities fall as talks to end Middle East war stall
Meanwhile, the U.S. stock market held relatively steady near its records
- By: Ritika Dubey, The Canadian Press
- April 29, 2026 April 29, 2026
- 17:22
Industry innovates, but financial health suffers
Paper calls for guardrails against negative side effects of digital innovation
- By: James Langton
- April 29, 2026 April 29, 2026
- 16:09
Structured finance outlooks dim as economy wobbles
Asset performance to weaken as growth slows and inflation, rates face pressure
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:50
Crypto money launderer gets prison in U.S.
Shell companies, crypto exchange processed US$470 million in drug money
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:55
CFTC asserts oversight of prediction markets
In series of legal filings, regulator claims exclusive jurisdiction
- By: James Langton
- April 29, 2026 April 29, 2026
- 09:29
FCA launches ESG ratings pilot
Project designed to avoid creating needless burden with new regime
- By: James Langton
- April 28, 2026 April 28, 2026
- 12:39
Powell plans to stay on at Fed after his term as chair ends
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
- By: Christopher Rugaber, The Associated Press
- April 29, 2026 April 29, 2026
- 14:24
Corient plans expansion into Canada
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
- By: IE Staff
- April 29, 2026 April 29, 2026
- 13:50
Foreign direct investment in Canada up 6.9% in 2025
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
- By: Jonathan Got
- April 29, 2026 April 29, 2026
- 12:46
Fed chair Powell may reveal next steps Wednesday
Powell has signalled he could stay on Fed board after term as chair ends May 15
- By: Christopher Rugaber, The Associated Press
- April 28, 2026 April 28, 2026
- 10:21
Kevin Gopaul to head up VanEck’s expansion into Canada
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 17:30
Industry moves: Former BMO private wealth head Geoff Newton joins RBC Wealth Management
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 16:05
Product roundup: First Trust launches energy ETF
Plus, a new gold bullion mutual fund and a slew of product lineup changes
- By: Noushin Ziafati
- April 24, 2026 April 24, 2026
- 17:15
Opinion: Insurers need to call the same riders by the same names
Clarity for clients makes it easier to shop across carriers
- By: Jonathan Got
- April 22, 2026 April 22, 2026
- 12:59
‘Market weakness’ causes mutual fund, ETF asset declines in March: SIMA
At the same time, both fund types recorded positive net sales
- By: Noushin Ziafati
- April 21, 2026 April 21, 2026
- 15:52