Crypto, climate, commodity markets top FSB agenda
Global policy group details priorities ahead of G20 meeting later this week
- By: James Langton
- February 21, 2023 February 21, 2023
- 16:34
Global policy group details priorities ahead of G20 meeting later this week
Preliminary estimates for January suggest consumers continued spending in the new year
Lithium, hydrogen and solar power companies were among last year's top performers
Prospective witness failed to prove real risk of U.S. criminal prosecution
CIBC says it recorded a pre-tax provision of $1.17 billion related to the settlement in its Q1 results
FCA launches consultation on possible changes
Canada among the strongest in the G7 for growth in 2022
Complex undertaking will reduce counterparty risk, as well as margin and liquidity demands
Rise in black directors drives increase in board diversity, ISS reports
Inflation slowed to 5.9%, down from 6.3% in December
Top 40% of households put more into their savings
Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports
Bank of America, Goldman Sachs predict U.S. will hike rate to 5.25% or 5.5%
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