The agency’s auditors have reviewed more than 30,000 files in Ontario and British Columbia over the past three years, generating $43.7 million in penalties

By: James Langton
May 18, 2018 July 10, 2019
12:00

Capgemini and Efma launch fintech portal

The new platform is designed to foster collaboration between fintechs and financial institutions

By: James Langton
May 18, 2018 July 10, 2019
11:52

Walmart sells Canadian banking operation to U.S. firm, Canadian financier

The new owners will continue providing the bank's credit card and insurance products

By: The Canadian Press
May 18, 2018 July 10, 2019
07:00

ATB Financial names next CEO

Curtis Stange to succeed retiring Dave Mowat

By: Leah Golob
May 17, 2018 October 11, 2019
16:42

Santander used blockchain for investor voting at AGM

Technology enhanced the efficiency and transparency of the vote tabulation process

By: James Langton
May 17, 2018 July 10, 2019
09:55

Non-bank consumer lenders to reap biggest rewards from U.K. Open Banking initiative

Initiative should improve underwriting practices and loan pricing for consumers

By: James Langton
May 17, 2018 July 10, 2019
09:45

Time to update NAFTA, SIFMA CEO says

Negotiators should look to update the trade agreement to reflect the rise of the digital economy and the maturation of the financial services sector

By: James Langton
May 16, 2018 July 10, 2019
15:05

IA Financial expands access to retirement planning website

The website is a reference tool for clients and supports IA’s advisors

May 16, 2018 July 10, 2019
11:30

Slideshow: How a firm’s ratings impact advisors’ recommendations

Although advisors are likely to recommend their firm to another advisor, this changes sometimes based on their perception of their brokerage

By: Fiona Collie
May 16, 2018 November 9, 2019
10:00

Surge in alternative investments expected

Amendments to NI 81-102 that are likely to be adopted this year would provide advisors with an intriguing new category of products to offer clients

By: Megan Harman
May 16, 2018 October 17, 2019
09:00

TD Bank discounts five-year variable mortgage rate

Competition among lenders heats up

By: Armina Ligaya
May 15, 2018 July 10, 2019
13:20

EDI unveils Canadian fixed-income pricing service

Company expands its current offering by including five new fixed-income asset classes

By: James Langton
May 15, 2018 October 17, 2019
12:15

Quebec agrees in principle with a single tax return, administered by the province

Quebec premier sets two conditions for collecting federal taxes

By: The Canadian Press
May 15, 2018 July 10, 2019
06:58

Federal financial consumer protection could be strengthened

FCAC publishes Report on Best Practices in Financial Consumer Protection

By: James Langton
May 14, 2018 July 10, 2019
12:30

Fitch affirms Scotiabank Peru rating

Planned acquisition of Cencosud Peru not expected to affect bank’s asset quality

By: James Langton
May 14, 2018 July 10, 2019
07:00

Power Corp. targets U.S. expansion

The company’s Q1 profit more than doubled to a record $525 million

By: Ross Marowits
May 11, 2018 July 10, 2019
11:01

Class action filed against National Bank

Mortgage borrowers who have been required to pay legal fees as a result of a default may be covered in the proposed lawsuit

By: James Langton
May 11, 2018 July 10, 2019
10:40

Power Financial to invest more in fintech startups to avoid digital disruption

Subsidiaries Great-West Lifeco and IGM Financial have invested $230 million in 32 fintechs

By: Ross Marowits
May 10, 2018 July 10, 2019
17:15

Scotiabank takes 51% controlling interest in Peru’s Banco Cencosud

The agreement will make Scotiabank the second-largest credit card issuer in the South American country

By: The Canadian Press
May 10, 2018 July 10, 2019
16:25

U.S. investment banks and regionals flourish in Q1 2018: Moody’s

Major banks generated increases in their fixed-income, equity and investment bank earnings

By: James Langton
May 10, 2018 July 10, 2019
14:25