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Financial services software deployment needs improvement: report

Outdate practices impose significant costs on the financial industry

CIBC HQ

CIBC raises dividend following strong Q1 results

The bank increased its quarterly payment to common shareholders to $1.33 a share after its four strategic business units posted strong results

  • By: Armina Ligaya
  • Source: The Canadian Press
  • February 22, 2018 February 22, 2018
  • 11:15
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Fight for insurance benefits highlights dangers of social media

Insurers are increasingly using social media to find grounds to deny claims, lawyer says

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TribalScale launches financial services Venture Studio

Peter Aceto, former Tangerine CEO, appointed executive-in-residence

  • February 21, 2018 February 21, 2018
  • 15:20
Adirondack chairs at shore of Lake of Two Rivers, Ontario

Canadian retirees burdened with debt

From credit card debt to a mortgage, retirees struggle with expenses

  • By: Leah Golob
  • February 21, 2018 February 21, 2018
  • 14:30
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Waterloo students win local CFA research challenge

The winning team advances to the Americas regional competition

  • By: IE Staff
  • February 21, 2018 February 21, 2018
  • 12:58
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Questrade lowers Portfolio IQ minimum investment

Robo-advisor makes investing accessible with lower $1,000 minimum

  • By: IE Staff
  • February 21, 2018 February 22, 2018
  • 11:03
Silhouttes of Two Business People Having a Handshake

Wealthsimple raises $65 million

Power Financial has invested $165 million in capital in the robo-advisor since 2015

  • By: IE Staff
  • February 21, 2018 February 21, 2018
  • 10:34

Borealis AI launches fellowship program

RBC program aims to support and grow emerging artificial intelligence talent in Canada

  • By: IE Staff
  • February 20, 2018 February 20, 2018
  • 15:00
Gold coins on island with palm trees

CRA using big data to fight tax evasion

The agency “fully supports” the recent recommendations from the Offshore Compliance Advisory Committee

Canadian robo-advisor users would recommend services

More than 75% of users surveyed say the service is “better” or “much better” than a traditional investment experience

  • By: Leah Golob
  • February 20, 2018 February 20, 2018
  • 11:45
Businessmen trading stock looking at graphs indexes and numbers on multiple computer screens

Canadian HNW investors favour equities

Investors’ open-mindedness gives advisors a chance to diversify their clients’ portfolios

Miniature of business men observing maze risk concept

High debt could pose challenge: BoC

Low interest rates have encouraged households to take on debt

Toronto bank towers

How blockchain could supercharge financial services

Financial services firms are embracing blockchain technology to improve efficiencies, cut costs and reduce risks

Judge gavel, scales of justice and law books in court

Investment banker awarded $1.3 million for wrongful dismissal

Court rules RBC Capital Partners failed to adequately compensate managing director

Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement

Canadians dipping into their RRSPs

A new report highlights the steady increase in the amount of money withdrawn from retirement savings to meet short-term needs

  • By: Leah Golob
  • February 15, 2018 February 15, 2018
  • 11:00
Financial protection for the future, nest egg, retirement savings

Wealth-management deal good for Scotiabank: Moody’s

The bank’s challenge will be to cross-sell its other products to its newly acquired clients from Jarislowsky Fraser

Business man with calculator

Advisors protest

New disclosure rules from CLHIA draw complaints

Growth red graph over golden coins stacks over white

Sun Life posts better-than-expected Q4 earnings

The insurer launched new digital offerings in Canada in 2017 and continued to build out its wealth and asset-management businesses

Gold coins on island with palm trees

CRA conducts multiple raids in Panama Papers investigation

Police assisted in the operation that unfolded in three provinces

Young Businesswoman Addressing Boardroom Meeting

Governments should use procurement programs to help female entrepreneurs

Report makes 40 recommendations to governments, financial institutions and female entrepreneurs

Scenic mature couple holding hands together and looking abroad during retirement vacation

Canadians continue to live longer

However, the rate of improvement is slowing

  • February 14, 2018 February 15, 2018
  • 15:30
800x600-red-carpet-awards-41791403 - red carpet event with spotlights award ceremonypremiere

CFA Society Toronto announces award winners

The society congratulates the 2018 winners of the Ethics Challenge and the Hillsdale Canadian Investment Research Award

  • By: Leah Golob
  • February 14, 2018 February 14, 2018
  • 12:45
Lions Gate Bridge and Grouse Mountain, Vancouver

Cash Management Group joins Canaccord Genuity

Vancouver’s Andrew Johns and his team sign up with the firm’s Canadian wealth-management division

  • By: IE Staff
  • February 13, 2018 February 14, 2018
  • 17:40
Bitcoin Electronic Crypto Currency Exchange Concept Illustration

The vast potential of blockchain technology

Blockchain technology has the potential to disrupt many sectors and business models beyond cryptocurrencies such as bitcoin. Here’s what it is and how it works.