BMO Insurance welcomes back Rohit Thomas
Other industry moves this week include a new head for the FP Canada Institute
- By: Katie Keir
- March 23, 2023 March 23, 2023
- 14:27
Other industry moves this week include a new head for the FP Canada Institute
Repairing the health-care system is the centrepiece of the provincial government’s $14.4-billion budget
The firm is asking regulators for more time after reconstituting a special committee evaluating management's takeover bid
Both mutual fund and ETF sales bounced back after a slow start to the year, IFIC reports
The goal is easier identification of owners who launder money, commit financial crimes or evade taxes
Markets for both private debt and private equity have swelled over the last decade
Swiss National Bank hiked its key interest rate on Thursday
Liberals plan to work with regulatory agencies, including the Financial Consumer Agency of Canada, a federal source says
The firm updated marketing information published prior to the emergence of ESG guidance
Liberal government more likely to focus on AMT, capital gains in Budget 2023
No new taxes, smaller surpluses predicted over next three years
Inflation remains elevated, bank failures likely to “weigh on economic activity”
Actual 2023 growth could be stronger than forecast
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