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Judge looks at papers

SEC sanctions adviser’s mismarking

Firm dumped overvalued illiquid securities on retail mutual funds, SEC alleges

growth-chart-rise
Research and Markets

Summertime mortgage borrowing heated up

Growth in credit card balances, HELOCs slowed as mortgages gained, StatCan says

advisor client meeting
From the Regulators

CSA seeks fund disclosure overhaul

Regulators propose new streamlined fund reports

People

Why TD Bank veteran Raymond Chun is taking the reins from Masrani

Outgoing CEO Masrani, who's retiring in 2025, says Chun is "the right leader at the right time"

  • By: Katie Keir
  • September 19, 2024 September 19, 2024
  • 14:52
Bank of Canada building
Industry News

BoC must be transparent to maintain trust: external deputy governor

The central bank cut its key interest rate earlier this month for the third time this year

saving for a home
Research and Markets

U.S. home sales fell in August

Sales should improve thanks to lower mortgage rates, increasing inventory: economist

Facade of bank of england
From the Regulators

Bank of England keeps main interest rate on hold at 5%

Inflation in the U.K. held steady at an annual rate of 2.2% in August, still above the bank’s goal

TD bank. stock photo
People

TD CEO to retire next year, Chun named successor

In announcing his retirement, Bharat Masrani took responsibility for TD's money laundering failures

Personal finances
From the Regulators

CIRO sees swing to deficit in fiscal 2025

Integration costs to be paid by 2027, SRO projects

Businessman shamed
From the Regulators

OSC alleges fraudster breached trading ban

Regulator charges Weizhen Tang with breaching permanent ban imposed in 2016

Judgment fine
From the Regulators

Illegal distribution victim to get more money back: BCSC

Investor lost $1.75 million after mortgaging home to invest

Federal Reserve building
Research and Markets

Fed cuts key rate by sizable half-point

Move reflects new focus on bolstering the job market

Research and Markets

BoC sees growing risk of overshooting inflation target

Sept. 4 deliberations reveal concern that high rates could push inflation down by more than necessary