Home News Page 2

Top Stories in News

Image of dark night with lightning above stormy sea

ECB sees financial stability under growing threat

Economic, financial fallout from Russian invasion is driving increased risks

loudspeaker

New CEO for Manulife Canada

Naveed Irshad will succeed Michael Doughty

  • By: Staff
  • May 25, 2022 May 25, 2022
  • 14:04
GameStop

Broker sanctioned over meme stock misdirection

Firm deceived investors about trading halt, SEC alleges

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Scotiabank reports profits up on loan growth, higher interest margins

Global wealth management earnings grew 9%

calculating numbers for income tax return with glasses pen and calculator

BMO reports profit up as loan growth continues, expenses also creep higher

Wealth management income was down in the quarter

SEC sanctions mutual fund greenwashing

Fund manager pays US$1.5 million to settle allegations involving ESG disclosure

business documents on office table with smart phone and laptop computer and graph business with social network diagram and man working in the background

GDP growth ground to a halt in Q1: OECD

Output turned negative in several major economies amid supply challenges

  • By: Staff
  • May 24, 2022 May 24, 2022
  • 13:34
union jack national flag of the united kingdom (uk)

U.K. regulators ponder post-pandemic reforms for money markets

The FCA is seeking changes to address liquidity concerns revealed in March 2020

Securities trending down

Mutual fund, ETF assets take a hit from rough markets

Mutual funds saw net redemptions in April while ETF sales stayed positive, IFIC reported

Financial data on a monitor—Stock market data on LED

NASAA targets deadbeat brokers

Model rule, if implemented by regulators, would add enforcement teeth to arb awards, sanctions

Close-up of payment machine buttons with human hand holding plastic card near by

Consumer sentiment in Canada posts biggest drop since pandemic onset amid inflation

A new survey by the Conference Board of Canada indicates consumer confidence decreased 11.7 points in May

Stack of cryptocurrencies in a circle on the motherboard

Crypto adoption poses risks to emerging markets

Shift to crypto could boost financial inclusion, but may weaken monetary policy efficacy

pencil erasing credit card debt

Household debt rises in the face of rate hikes

Credit card debt rises for second straight month, outpacing mortgage growth

Worker shortage hit record level in March: StatsCan

As services sector reopens, employers face tight labour markets

Global home price rise slows: BIS

Home prices are up 27% since the financial crisis

  • May 26, 2022 May 26, 2022
  • 15:02

Moody’s lowers world growth forecasts

Russia, China weigh on global GDP predictions

  • By: Staff
  • May 26, 2022 May 26, 2022
  • 14:45

FCAC finds big banks make ‘inappropriate’ product recommendations

Mystery shopping exercise finds consumers felt good despite banks’ poor sales practices

CIBC reports Q2 profit down from year ago, wealth management profit up 20%

CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter

OSC panel dismisses fund rep’s insider trading allegation

Tribunal rejects circumstantial case, concluding trades are suspicious but not clearly offside

What’s new and what’s out from the fund manufacturers

Say hello to copper and metaverse funds, while innovation funds launched last year are closing

ETF flows slow in brutal April

Cryptoasset ETFs saw the largest outflows since the funds were created

March proves both a lion and a lamb for fund sales

Mutual fund sales weak, but assets, ETF sales stay solid, IFIC reports