Royal Bank reports 12% rise in Q4 net income
RBC’s Q4 wealth management net income up 24% to $491 million; Bank says mortgage demand up ahead of new rules
- By: Armina Ligaya
- November 29, 2017 December 25, 2018
- 13:45
Latest news in Industry News
Veteran analysts launch Alpine Macro
Independent research firm to provide global investors with analysis and investment strategy recommendations
- By: James Langton
- November 29, 2017 December 25, 2018
- 11:30
More than 19,000 Canadians caught in Equifax breach
11,670 Canadian credit cards impacted by cyberattack
- By: The Canadian Press
- November 29, 2017 December 25, 2018
- 10:50
Failed class action against HSBC leads to significant costs against representative plaintiff
A ruling from the Ontario Superior Court delivered in November concluded that much of the drive behind the lawsuit was “entrepreneurial” in nature
- By: Patricia Chisholm
- November 29, 2017 December 25, 2018
- 07:30
Insurers embrace new technologies but still relying on advisors
Although the shift toward digital is having an impact on clients’ expectations, they still value relationships with advisors more than clients in any other country
- By: Megan Harman
- November 28, 2017 December 25, 2018
- 16:55
Scotiabank posts higher Q4 profit
$2.9 billion offer for BBVA Chile would double the Canadian bank’s market share in Chile
- By: Armina Ligaya
- November 28, 2017 December 25, 2018
- 16:45
Home Capital vows to defend itself from possible $70-million short-seller claim
West Face says it covered its short position during a period in which it now believes that market prices of Home Capital shares were inflated…
- By: The Canadian Press
- November 28, 2017 December 25, 2018
- 13:40
Manulife begins new chapter with Quebec HQ opening
Accelerating growth in Quebec is an important component of Manulife's long-term Canadian strategy, CEO says
- By: Leah Golob
- November 28, 2017 December 25, 2018
- 12:40
Sterling Mutuals is first dealer to partner with Invesco Canada’s advisorDuo
The new robo-advisor platform is available exclusively to advisors and their clients and gives mutual fund-licensed advisors access to ETFs
- By: Fiona Collie
- November 28, 2017 December 25, 2018
- 06:00
Millennials worried about investment losses
Report offers insight into the decisions Ontario millennials are making when it comes to saving and investing
- By: James Langton
- November 27, 2017 December 25, 2018
- 12:15
Wood Gundy wins on jury issue
A B.C. court has ruled that complex allegations involving unsuitable investments should be heard by a judge alone
- By: James Langton
- November 27, 2017 December 25, 2018
- 11:00
Feds to reinstate disability advisory committee
The committee will provide the Canada Revenue Agency with feedback on the administration of the disability tax credit
- By: Rudy Mezzetta
- November 24, 2017 December 25, 2018
- 14:10
No need to fear AI, experts say
AI will be able to provide a breadth of information and predictions while advisors use their judgment and soft skills in interacting with clients
- By: Leah Golob
- November 24, 2017 December 25, 2018
- 11:45
Report recommends Quebec prohibit disparities in retirement plans
Promoting intergenerational equity will require interprovincial co-operation
- By: James Langton
- November 23, 2017 December 25, 2018
- 16:10
Canada only G7 country not raising retirement age: report
Increasing the age of eligibility for public retirement programs is one possible reform to better prepare for Canada’s aging population
- By: James Langton
- November 23, 2017 December 25, 2018
- 15:30
Financial services Canada’s largest and fastest growing services exporter
Report highlights Toronto’s increasingly dominant role in the sector
- By: James Langton
- November 23, 2017 December 25, 2018
- 12:30
CPPIB buying stake in BGL Group for $1.1 billion
The U.K.-based company is a digital distributor of insurance and financial services
- By: The Canadian Press
- November 23, 2017 December 25, 2018
- 10:00
Invesco launches advisorDuo
Robo-advice platform aims to make advisors more efficient and productive by onboarding clients and recommending one of five portfolios
- By: Fiona Collie
- November 22, 2017 December 25, 2018
- 16:30
Clients becoming more aware of fees thanks to CRM2 reports
IFIC survey finds that investor awareness that the fees they pay helps compensate their advisor has risen substantially
- By: Jade Hemeon
- November 22, 2017 December 25, 2018
- 13:40
CIBCAM commits to PRI
The action reinforces the firm’s dedication to responsible investing and risk assessment
- By: IE Staff
- November 22, 2017 December 25, 2018
- 12:30
New fintech hub at Rotman focused on innovation
The school will create new classes and learning opportunities for students in certain master’s programs through the new Rotman FinHub at U of T
- By: Fiona Collie
- November 21, 2017 December 25, 2018
- 17:15
RBC added to list of global systemically important banks
The designation by the Financial Stability Board reflects the size and scale of RBC’s global operations
- By: Armina Ligaya
- November 21, 2017 December 25, 2018
- 17:10
Desjardins to rebrand State Farm business
The State Farm Canada operations acquired almost three years ago will be rebranded as Desjardins Insurance beginning next May
- By: Megan Harman
- November 21, 2017 December 25, 2018
- 15:30
CRA call centre hard to reach: auditor
When Canadians do get through, they get wrong answers to their questions almost 30% of the time
- By: Terry Pedwell
- November 21, 2017 December 25, 2018
- 14:15
Canadians not making savings a priority
Better saving habits are critical to ensuring that many Canadians can retire and withstand personal emergencies
- By: Leah Golob
- November 21, 2017 December 25, 2018
- 14:00