Scotiabank to sell Puerto Rico, U.S. Virgin Islands assets to OFG Bancorp
The bank will record a loss of approximately $400 million after tax
- By: The Canadian Press
- June 27, 2019 October 17, 2019
- 10:08
Latest news in Industry News
Court denies investor class action against a former rep
IIROC permanently banned the former rep and fined him $450,000 in 2018
- By: James Langton
- June 26, 2019 November 13, 2019
- 15:57
Proposed class action over failed ETF dismissed by Ontario court
Suit filed over a fund that lost 90% of its value overnight in 2018
- By: James Langton
- June 25, 2019 October 17, 2019
- 16:59
Powell discusses ‘renewed concerns’ about global economy
The Fed chair did not commit to a rate cut but said the central bank will closely monitor incoming data
- By: Martin Crutsinger, The Associated Press
- June 25, 2019 October 17, 2019
- 15:31
NYSE aims to help boost gender diversity on corporate boards
Advisory council plans to connect companies with director candidates
- By: James Langton
- June 25, 2019 October 17, 2019
- 15:21
New robo platform caters to female investors
Smart Money for Her incorporates specific assumptions into its goals-based platform
- By: IE Staff
- June 25, 2019 October 17, 2019
- 12:08
Proposed class action launched against Desjardins
Lawsuit alleges negligence after a data breach affected 2.9 million members
- By: The Canadian Press
- June 21, 2019 October 17, 2019
- 15:41
Vulnerable clients the focus of regulators
IIROC survey shows support for protecting vulnerable clients, while CSA suggests best practices
- By: IE Staff
- June 21, 2019 October 31, 2019
- 12:58
Feds should facilitate open banking, Senate committee says
Report recommends creating an “innovation sandbox,” registry for third-party providers
- By: IE Staff
- June 21, 2019 October 17, 2019
- 12:34
Q&A: Stocks soar while bonds are signalling gloom. What’s up?
Experts share their insights
- By: Stan Choe, The Associated Press, Christopher Rugaber, The Associated Press, The Associated Press
- June 21, 2019 October 17, 2019
- 10:14
Manulife Financial forms Indian joint venture with Mahindra Finance
Mahindra Finance has more than 5 million customers in India
- By: The Canadian Press
- June 21, 2019 October 17, 2019
- 10:00
Desjardins says info for 2.9M members shared outside of organization
Financial institution says employee who illegally accessed data has been fired
- By: The Canadian Press
- June 20, 2019 October 17, 2019
- 14:58
Seniors intent on donating to charities: report
Survey finds 82% of seniors give money to causes important to them
- By: IE Staff
- June 20, 2019 October 17, 2019
- 14:42
QuadrigaCX founder transferred customers’ funds to his own accounts: report
Cryptocurrency exchange shut down in January amid controversy
- By: Michael MacDonald, The Canadian Press
- June 20, 2019 October 17, 2019
- 14:27
Advisors could be doing more for HNW clients: report
A survey studied client engagement to determine what makes an exceptional advisor
- By: IE Staff
- June 20, 2019 October 17, 2019
- 12:21
Ontario gets new finance minister
Fedeli, Thompson, MacLeod demoted in Doug Ford's cabinet shuffle
- By: The Canadian Press
- June 20, 2019 October 17, 2019
- 12:16
NDP pledges to raise taxes on the wealthy but keep small biz rate
The federal party released its platform earlier this week
- By: Mark Burgess
- June 20, 2019 October 17, 2019
- 11:36
Fed leaves its key rate unchanged but hints of future cuts
Trade conflicts, especially with China, could lead to a rate cut
- By: Martin Crutsinger, The Associated Press
- June 19, 2019 October 17, 2019
- 14:46
Integral Wealth acquires Global Maxfin Capital’s business
Acquisition includes 12 advisors and approximately $280 million in assets
- By: Rudy Mezzetta
- June 18, 2019 October 17, 2019
- 16:39
Corporate tax gap could be costing more than $11B
The CRA says it plans to reduce the gap by more than half
- By: IE Staff
- June 18, 2019 October 17, 2019
- 13:19
Government tables stock option legislation, launches consultation
The rules will not apply to options granted by Canadian-controlled private corporations
- By: Mark Burgess
- June 18, 2019 October 17, 2019
- 12:40
Sun Life combines asset management businesses under SLC Management
SLC Management replaces the Sun Life Investment Management brand globally
- By: IE Staff
- June 18, 2019 October 17, 2019
- 10:53
Facebook plans its own currency for 2-billion-plus users
Digital currency will launch in the next six to 12 months
- By: Rachel Lerman, The Associated Press
- June 18, 2019 October 17, 2019
- 10:07
What the GMP Capital deal means for Richardson GMP
Executives share insights into next steps for the wealth management firm
- By: Melissa Shin, Rudy Mezzetta, Mark Burgess
- June 17, 2019 October 17, 2019
- 14:24
Franklin Templeton reduces fees on fixed income funds
Certain series will terminate in October
- By: IE Staff
- June 17, 2019 October 17, 2019
- 13:03