Scotiabank hikes dividend as Q1 net income up 17%
Earnings in the bank’s international banking division rose 16% year-over-year to $667 million
- By: The Canadian Press
- February 27, 2018 April 6, 2019
- 10:30
Latest news in Industry News
Online banks gain U.S. deposit share
The gap between interest rates offered by online banks and traditional banks has widened in the past couple of years
- By: James Langton
- February 27, 2018 April 6, 2019
- 09:45
IA acquires PPI
The acquisition of two sizable MGAs adds 3,000 independent life insurance advisors to IA’s distribution network
- By: Megan Harman
- February 26, 2018 April 6, 2019
- 18:50
PlanPlus opens 2018 Canada Financial Planning Awards competition
Judges will review submitted financial plans to determine which one creates the greatest value for the client
- By: Leah Golob
- February 26, 2018 April 6, 2019
- 15:15
Banks missing chances to give client advice
The challenge for banks is getting the advice formula right and delivering it in a personalized manner across all channels
- By: Leah Golob
- February 26, 2018 April 6, 2019
- 12:50
Investor advocates urge OBSI regulators to act on Battell report
Giving OBSI the power to impose investor compensation decisions would empower retail investors to reject “low-ball” settlement offers
- By: James Langton
- February 26, 2018 April 6, 2019
- 11:45
Top U.S. court restores alleged LIBOR manipulation lawsuit naming RBC
Charles Schwab Corp. alleges 16 banks artificially suppressed the LIBOR rate between August 2007 and May 2010
- By: The Canadian Press
- February 24, 2018 April 6, 2019
- 07:30
TD halts credit card purchases of cryptocurrencies
Bank to review and assess the evolving market
- February 23, 2018 April 6, 2019
- 16:00
OMERS earned 11.5% return in 2017
Equities were best-performing asset class for the Ontario municipal employee’s pension plan
- By: The Canadian Press
- February 23, 2018 April 6, 2019
- 15:30
RBC hikes dividend following flat Q1 profit
The bank’s wealth-management division reported a 39% increase in net income to $597 million in Q1 2018 from $167 million in Q1 2017
- By: Armina Ligaya
- February 23, 2018 April 6, 2019
- 15:05
IE among finalists for financial journalism awards
The awards recognize the contributions of journalists in helping advisors and clients gain a better understanding of the investment profession
- February 22, 2018 April 6, 2019
- 15:00
Financial services software deployment needs improvement: report
Outdated practices impose significant costs on the financial industry
- By: James Langton
- February 22, 2018 April 6, 2019
- 11:45
CIBC raises dividend following strong Q1 results
The bank increased its quarterly payment to common shareholders to $1.33 a share after its four strategic business units posted strong results
- By: Armina Ligaya
- Source : The Canadian Press
- February 22, 2018 April 6, 2019
- 11:15
Fight for insurance benefits highlights dangers of social media
Insurers are increasingly using social media to find grounds to deny claims, lawyer says
- By: The Canadian Press
- February 21, 2018 April 6, 2019
- 17:35
TribalScale launches financial services Venture Studio
Peter Aceto, former Tangerine CEO, appointed executive-in-residence
- February 21, 2018 April 6, 2019
- 15:20
Canadian retirees burdened with debt
From credit card debt to a mortgage, retirees struggle with expenses
- By: Leah Golob
- February 21, 2018 October 31, 2019
- 14:30
Waterloo students win local CFA research challenge
The winning team advances to the Americas regional competition
- By: IE Staff
- February 21, 2018 April 6, 2019
- 12:58
Questrade lowers Portfolio IQ minimum investment
Robo-advisor makes investing accessible with lower $1,000 minimum
- By: IE Staff
- February 21, 2018 April 6, 2019
- 11:03
Wealthsimple raises $65 million
Power Financial has invested $165 million in capital in the robo-advisor since 2015
- By: IE Staff
- February 21, 2018 April 6, 2019
- 10:34
Borealis AI launches fellowship program
RBC program aims to support and grow emerging artificial intelligence talent in Canada
- By: IE Staff
- February 20, 2018 April 6, 2019
- 15:00
CRA using big data to fight tax evasion
The agency “fully supports” the recent recommendations from the Offshore Compliance Advisory Committee
- By: James Langton
- February 20, 2018 April 6, 2019
- 12:25
Canadian robo-advisor users would recommend services
More than 75% of users surveyed say the service is “better” or “much better” than a traditional investment experience
- By: Leah Golob
- February 20, 2018 April 6, 2019
- 11:45
Canadian HNW investors favour equities
Investors’ open-mindedness gives advisors a chance to diversify their clients’ portfolios
- By: James Langton
- February 16, 2018 April 6, 2019
- 15:30
High debt could pose challenge: BoC
Low interest rates have encouraged households to take on debt
- By: The Canadian Press
- February 15, 2018 April 6, 2019
- 16:00
How blockchain could supercharge financial services
Financial services firms are embracing blockchain technology to improve efficiencies, cut costs and reduce risks
- By: Danny Bradbury
- February 15, 2018 November 9, 2019
- 15:15