Latest news in Industry News

Signing contract form

Ontario court upholds firm’s right to set performance standards for advisors

The firm's advisor contract allowed for the standards to be implemented, the court said

Young Businesswoman Addressing Boardroom Meeting

OSC names new fund sector advisory group

The Investment Funds Technical Advisory Committee will focus on technical compliance issues

Beyond banks' resilient reputations

Investor group says global banks must respect Indigenous rights

Coalition calls for strengthening of the Equator Principles

Pepper the HSBC robot

HSBC bringing robot fleet to Canada

The bank's new social humanoid robot fields customer questions

  • By: Katie Keir
  • August 28, 2019 September 14, 2019
  • 09:30
doctor with phonendoscope

RBC launches membership program for healthcare professionals

Perks include preferred rates on investments and business banking

  • By: IE Staff
  • August 27, 2019 September 14, 2019
  • 12:24
Bank of Nova Scotia main branch in Calgary, Alberta

Scotiabank hikes dividend as Q3 profits rise to $1.98B

Earnings in wealth management up 20% with "strong contributions" from MD Financial, Jarislowsky Fraser

man with calculator

BMO’s Q3 profit up 1% on capital markets growth

Earnings in wealth management down as profit from insurance business fell

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 September 14, 2019
  • 14:54
CIBC HQ

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

blue curtain of a classical theater

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 September 14, 2019
  • 13:27
Labrador retriever with leash is waiting for walk.

What happens to Fido when your client dies?

Pet owners are showing more interest in making provisions for their furry friends

woman with a laptop

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 September 14, 2019
  • 15:50
A see through piggy bank with money coins

Ontario Teachers’ Pension Plan passes $200B in assets in H1

The plan returned 6.3% in the first half

Businessman hand showing financial report on table

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

13965190 - panorama with house, isolated on white background

Derivatives exchanges must meet growing demand for sustainability

A WFE paper considers approaches to sustainability in the commodity derivatives space

Corporate Business Team clapping success at Boardroom meeting

Top U.S. CEOs rethink the meaning of shareholder value

Business Roundtable says corporations have a larger responsibility than return on investment

U.K. wealth firm, part-owned by AGF, in merger talks

Smith & Williamson is in merger talks with rival Tilney Group

Close up of businessman hands making handshake - greeting, dealing, merger and acquisition concepts

Goldman Sachs unit invests in Toronto-based Slate Asset Management

Slate has more than $6 billion in assets under management

Bank skyscrapers in downtown Toronto

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

mergers and acquisitions

Two MGAs acquired by Financial Horizons Group

FHG acquired all the shares of both firms on Aug. 1

  • By: IE Staff
  • August 16, 2019 September 14, 2019
  • 14:48
cybersecurity of network of connected devices and personal data security, concept on virtual interface with consultant in background

ECB suffers online security breach

The hackers injected malware onto an external server

man with calculator

ATB Financial reports Q1 net income of $45.8 million

Results improved quarter-over-quarter

  • By: IE Staff
  • August 16, 2019 September 14, 2019
  • 13:11
cannabis plant

OSC approves management cease trade order at cannabis company CannTrust Holdings

CannTrust sought the order earlier this month

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Poor punctuation underpins $150-million pension class action

The Oxford comma strikes again

Paradise beach at night, Maldives landscape

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 September 14, 2019
  • 12:04