Scotiabank in talks to acquire BBVA Chile
The bank’s international banking unit continues to perform strongly as it accounted for almost a third of overall net income in Q3
- By: Rudy Mezzetta
- August 31, 2017 December 19, 2017
- 10:45
Latest news in Industry News
TD Bank’s Q3 profit rises 17% to $2.77 billion
All of Canada’s Big Six banks have outperformed analyst expectations in this quarter
- By: The Canadian Press
- August 31, 2017 December 19, 2017
- 09:05
National Bank’s Q3 profit up 8% to $518 million
The Montreal-based bank says it won’t follow rivals in eliminating services
- By: Ross Marowits
- August 30, 2017 December 19, 2017
- 15:25
Proxy firm ISS against Buffett bid to increase stake in Home Capital
The alternative lender favours Berkshire Hathaway’s bid, despite the advisory from ISS
- By: David Hodges
- August 30, 2017 December 19, 2017
- 15:10
Sun Life launches speedy life insurance application
Canadians will be able to apply for a variety of insurance products from Sun Life from their smartphones or tablets
- By: Leah Golob
- August 30, 2017 December 19, 2017
- 11:00
Q3 results from Scotiabank, BMO beat analyst expectations
The two banks report strength in their Canadian banking operations
- By: David Friend
- August 29, 2017 December 19, 2017
- 16:15
Report highlights PSPIB’s corporate stewardship practices
Issues relating to board independence and effectiveness accounted for 46% of contrarian votes from the pension manager over the past year
- By: James Langton
- August 29, 2017 February 7, 2018
- 11:55
Home Capital hires Brad Kotush as new CFO
The former Canaccord Genuity CFO joins the Toronto-based alternative lender on Friday
- By: The Canadian Press
- August 29, 2017 December 19, 2017
- 08:00
Advisor appointments now available on National Bank’s updated app
Clients can now also review details of their GICs as well as view their mortgage statements
- By: IE Staff
- August 25, 2017 December 19, 2017
- 13:20
Court rules in favour of labour-sponsored venture fund against fund manager
GrowthWorks WV Management has been ordered to repay $1.4 million to GrowthWorks Commercialization Fund
- By: James Langton
- August 25, 2017 December 19, 2017
- 11:00
Fairfax Financial sells Singapore insurance business for US$1.6 billion
The sale will net US$900 million of after-tax profit
- By: Mary Gazze
- August 24, 2017 December 19, 2017
- 15:45
Activism takes toll on board diversity
Corporate boards affected by shareholder activism are becoming younger but less diverse
- By: James Langton
- August 24, 2017 December 19, 2017
- 15:30
CIBC reports net profit of almost $1.1 billion in Q3
The bank expects ‘moderation’ in new mortgages as new regulations take shape
- By: The Canadian Press, David Friend
- August 24, 2017 December 19, 2017
- 12:15
Accenture acquires financial consulting company Verax
The technology services firm serves the financial services industry from offices in Toronto and Halifax
- By: Leah Golob
- August 24, 2017 December 19, 2017
- 11:25
Canada Life strengthens presence in U.K.
Canada Life Group (U.K.) acquires Retirement Advantage
- By: Leah Golob
- August 24, 2017 December 19, 2017
- 10:40
Assumption acquires technology consulting company
The acquisition of TKS aims to assist Assumption Life in communicating more effectively with partners, advisors and clients
- By: IE Staff
- August 24, 2017 December 19, 2017
- 10:00
PlanPlus announces 2017 Global Financial Planning Awards winners
Woodgate Financial’s Jason Pereira wins Americas category
- By: Leah Golob
- August 23, 2017 December 19, 2017
- 15:30
Royal Bank reports $2.8 billion profit for Q3, hikes dividend
The bank exceeded expectations on the strength of its retail bank and wealth management platforms as it shifts to digital services
- By: David Friend
- August 23, 2017 December 19, 2017
- 13:30
Wealthsimple’s new investment portfolio targets Muslims
The new Halal investing portfolio screens for business and financial activity to ensure stocks are compliant with Islamic investing practices
- By: Leah Golob
- August 23, 2017 December 19, 2017
- 12:40
CPP reform to help lift plan’s assets above $15 trillion by 2090: analysis
A deal reached last year between the federal government and the provinces will raise contributions as of 2019
- By: Andy Blatchford
- August 23, 2017 December 19, 2017
- 11:40
Record household debt to add pressure to credit cards in next downturn: Moody’s
The ratings agency will be closely watching Alberta and Saskatchewan for signs of increased delinquencies
- By: David Friend
- August 23, 2017 December 19, 2017
- 11:25
Wealthsimple adds Shaunessy as subadvisor
Advisors who use Wealthsimple’s B2B platform have access to Shaunessy’s institutional portfolio
- By: Fiona Collie
- August 22, 2017 December 19, 2017
- 15:10
Insurers embrace automated underwriting
Tapping into data to perform applicant screening reduces costs, speeds up process
- By: Megan Harman
- August 22, 2017 December 19, 2017
- 14:45
RBC holds off Canadian fixed income rivals
All the leading Canadian fixed-income dealers have upped their game over the past 12 months
- By: James Langton
- August 22, 2017 December 19, 2017
- 09:55