BMO’s Q3 profit up 1% on capital markets growth
Earnings in wealth management down as profit from insurance business fell
- By: The Canadian Press
- August 27, 2019 October 17, 2019
- 09:58
Latest news in Industry News
PlanPlus announces 2019 Global Financial Planning Awards winners
First-time competitor Michael Palumbos of Rochester, NY took top prize for the Americas
- By: IE Staff
- August 22, 2019 October 17, 2019
- 14:54
CIBC hikes dividend as it reports third quarter profit rise, beating estimates
CIBC reported net income of $1.4 billion for the quarter ended July 31
- By: The Canadian Press
- August 22, 2019 October 17, 2019
- 13:29
Mid-size bank to launch covered bond program
Equitable would be the first Canadian bank of its size to offer covered bonds
- By: IE Staff
- August 22, 2019 October 17, 2019
- 13:27
What happens to Fido when your client dies?
Pet owners are showing more interest in making provisions for their furry friends
- By: Aleksandra Sagan, The Canadian Press
- August 22, 2019 October 17, 2019
- 11:22
More women showing interest in CFA designation
CFA Institute says number of women writing tests has “more than doubled” in five years
- By: IE Staff
- August 21, 2019 October 17, 2019
- 15:50
Ontario Teachers’ Pension Plan passes $200B in assets in H1
The plan returned 6.3% in the first half
- By: Martha Porado
- August 21, 2019 October 17, 2019
- 14:21
Royal Bank Q3 net income rises to $3.3B, but misses estimates
Wealth management division reports an 11% increase in net income year over year
- By: Armina Ligaya, The Canadian Press, IE Staff
- August 21, 2019 October 17, 2019
- 11:36
Derivatives exchanges must meet growing demand for sustainability
A WFE paper considers approaches to sustainability in the commodity derivatives space
- By: James Langton
- August 20, 2019 October 17, 2019
- 11:53
Top U.S. CEOs rethink the meaning of shareholder value
Business Roundtable says corporations have a larger responsibility than return on investment
- By: Michelle Chapman, The Associated Press
- August 19, 2019 October 17, 2019
- 15:19
U.K. wealth firm, part-owned by AGF, in merger talks
Smith & Williamson is in merger talks with rival Tilney Group
- By: James Langton
- August 19, 2019 October 17, 2019
- 13:14
Goldman Sachs unit invests in Toronto-based Slate Asset Management
Slate has more than $6 billion in assets under management
- By: The Canadian Press
- August 19, 2019 October 17, 2019
- 10:55
Five things to watch for in the Canadian business world in the coming week
RBC and CIBC will kick off the earnings season for Canadian banks
- By: The Canadian Press
- August 19, 2019 October 17, 2019
- 10:12
Two MGAs acquired by Financial Horizons Group
FHG acquired all the shares of both firms on Aug. 1
- By: IE Staff
- August 16, 2019 October 17, 2019
- 14:48
ECB suffers online security breach
The hackers injected malware onto an external server
- By: James Langton
- August 16, 2019 October 17, 2019
- 14:48
ATB Financial reports Q1 net income of $45.8 million
Results improved quarter-over-quarter
- By: IE Staff
- August 16, 2019 October 17, 2019
- 13:11
OSC approves management cease trade order at cannabis company CannTrust Holdings
CannTrust sought the order earlier this month
- By: The Canadian Press
- August 16, 2019 October 31, 2019
- 10:21
Poor punctuation underpins $150-million pension class action
The Oxford comma strikes again
- By: James Langton
- August 15, 2019 November 13, 2019
- 16:56
High net worth firm Grayhawk partners with Wealthsimple
The robo-advisor will provide an online platform for the firm's clients
- By: IE Staff
- August 15, 2019 October 17, 2019
- 12:04
Fiera Capital reports increase in revenue in Q2
Revenue was up up 19% year-over-year, but the firm reported a net loss of $4.8 million
- By: IE Staff
- August 14, 2019 October 31, 2019
- 16:02
Brookfield Business Partners takes controlling stake in Genworth Canada
Brookfield to acquire 57% interest in Genworth
- By: The Canadian Press
- August 13, 2019 October 17, 2019
- 11:17
Budget must address climate change, CPA Canada says
Trade group also calls for action on tax reform and money laundering
- By: James Langton
- August 12, 2019 October 17, 2019
- 11:50
GMP reports net loss of $3.8 million
Firm blames decline in equity underwriting transactions and the the sale of its capital markets business
- By: IE Staff
- August 9, 2019 October 17, 2019
- 12:33
CLHIA seeks action on climate change in federal budget
Industry association also wants improved access to variable payment life annuities, among other recommendations
- By: James Langton
- August 8, 2019 October 17, 2019
- 14:48
$80-million proposed class action filed against RBC Life Insurance
Allegations include shortchanging commissioned employees on holiday pay
- By: IE Staff
- August 8, 2019 October 17, 2019
- 13:02