National Bank execs see lower compensation in 2018
CEO Louis Vachon's bonus was reduced, the bank's proxy circular says
- By: Melissa Shin
- March 8, 2019 October 17, 2019
- 11:28
Latest news in Industry News
RI professionals call on investment community to commit to gender diversity
The group is encouraging investors to make a signed commitment to the cause
- By: IE Staff
- March 8, 2019 October 17, 2019
- 10:53
CIBC names new U.S. CEO
Michael Capatides will succeed Larry D. Richman on April 1
- By: IE Staff
- March 8, 2019 October 17, 2019
- 10:21
RBC president made $14.5 million in 2018
David MacKay got a 9% raise over 2017, thanks in part to bank's top position in mutual fund assets
- By: Melissa Shin
- March 7, 2019 November 30, 2022
- 12:47
Ontario budget set for April 11
It will be the PC government's first budget
- By: James Langton
- March 7, 2019 October 17, 2019
- 10:24
Canada’s tax system disproportionately benefits men: Report
Canadian Centre for Policy Alternatives highlights ways tax credits widen gender inequality
- By: IE Staff
- March 7, 2019 October 17, 2019
- 00:01
TD CEO gets 8% raise in direct compensation
Bharat Masrani made $15.3 million last year in total compensation
- By: Melissa Shin
- March 6, 2019 October 17, 2019
- 13:09
Scotiabank president got 3% raise in 2018
Brian Porter made $13.3 million; bank faces three shareholder proposals
- By: Melissa Shin
- March 6, 2019 October 17, 2019
- 11:43
Central bank holds rate, notes ‘increased uncertainty’ on timing of future hikes
The Q4 slowdown was "sharper and more broadly based" than the BoC had anticipated
- By: The Canadian Press
- March 6, 2019 October 17, 2019
- 11:32
IIAC seeking nominations for 2019 Hall of Fame
The deadline to submit nominations is May 15
- By: IE Staff
- March 6, 2019 October 17, 2019
- 09:39
Creditor protection extended for cryptocurrency exchange Quadriga
$190M in Bitcoins and other cryptocurrency is locked in the exchange's offline digital wallets
- By: The Canadian Press
- March 5, 2019 October 17, 2019
- 13:55
SP Wealth rebrands as Sightline Wealth Management
The relaunch formalizes its transition into a full-service wealth management firm
- By: IE Staff
- March 5, 2019 October 17, 2019
- 10:47
Expect rising delinquency rates this year: Equifax
Mortgage delinquency rate rose 1.5% year over year in the fourth quarter
- By: The Canadian Press
- March 5, 2019 October 17, 2019
- 10:18
Banking is most exposed sector to cyber risks: Moody’s
Global banking receives "high risk" rating, along with securities firms
- By: James Langton
- March 4, 2019 October 17, 2019
- 14:53
Five business stories to watch this week
Analysts expect the Bank of Canada to hold interest rates on Wednesday
- By: The Canadian Press
- March 4, 2019 October 17, 2019
- 10:37
MSCI expanding index exposure to China
An increase in the weighting of China A shares will be phased in by November
- By: James Langton
- March 1, 2019 October 17, 2019
- 15:33
FPSC names three members to President’s List
The list recognizes the highest marks in the CFP exam
- By: IE Staff
- March 1, 2019 October 17, 2019
- 13:07
IFIC addresses outside business activities, lower late fees in OSC submission
The suggestions are part of a submission on burden reduction
- By: IE Staff
- March 1, 2019 October 17, 2019
- 12:05
Canadian millennials skeptical of advisors, opting for robos: poll
Younger investors say advisors are less attentive to their needs
- By: IE Staff
- March 1, 2019 October 17, 2019
- 11:35
Plenty of advantages for clients who file taxes before April 30
However, there are reasons not to file too early, says Jamie Golombek
- By: The Canadian Press
- February 28, 2019 October 17, 2019
- 11:56
CIBC hikes dividend as first quarter profits drop 11%
Earnings fell short of analyst expectations
- By: The Canadian Press
- February 28, 2019 October 17, 2019
- 11:30
TD Q1 earnings up 2.4% but miss expectations
The bank saw a $17M wholesale banking net loss
- By: The Canadian Press
- February 28, 2019 October 17, 2019
- 09:40
Canadian parents supporting millennial children well into adulthood
Nearly half of parents with children 30 to 35 are still providing support, a poll says
- By: IE Staff
- February 28, 2019 October 17, 2019
- 09:26
National Bank reports flat Q1 profit of $552M, missing expectations
CEO Louis Vachon said the bank delivered a "good performance despite challenging markets"
- By: The Canadian Press
- February 27, 2019 October 17, 2019
- 10:35
Laurentian Bank’s Q1 net income down 32% to miss estimates, cuts jobs
The bank is ``streamlining certain back-office functions'' related to its retail services operations
- By: The Canadian Press
- February 27, 2019 October 17, 2019
- 10:28