Vote on CIBC purchase of PrivateBancorp moves up
The U.S. bank’s special meeting for shareholders to vote on the acquisition is now expected to be held on or about May 4
- By: The Canadian Press
- March 6, 2017 March 6, 2017
- 15:50
Latest news in Industry News
Wealthsimple’s advisor platform partners with Forstrong
Advisors who are part of the platform can now invest client assets in Forstrong’s seven actively managed investment strategies
- By: Fiona Collie
- March 6, 2017 March 6, 2017
- 10:10
Standard Life and Aberdeen agree on terms for merger
The deal will create Britain’s largest asset manager and the merged firm expects to cut costs by about 200 million pounds
- By: Danica Kirka
- March 6, 2017 March 6, 2017
- 10:00
Robo-advisors’ game plan to survive a bear market hinges on educating clients
These fledgling firms are using technology to communicate with, and educate clients about, the importance of remaining invested, even when the market takes an eventual…
- By: Craig Wong, The Canadian Press
- March 6, 2017 March 6, 2017
- 06:20
Credential surpasses $30 billion in AUA
The firm, which has 200 credit union and 1,500 advisor partners, has seen its AUA grow by 246% since 2009 to $30.2 billion from $8.75…
- By: Beatrice Paez
- March 3, 2017 March 3, 2017
- 15:40
Questrade pioneers “no-call” robo-advice
More robo-advisors want regulatory approval to sell without contacting clients
- By: Rudy Luukko
- March 3, 2017 March 3, 2017
- 15:25
Financial services firms not well prepared to tackle emerging risks
Chief risk officers in Canada and the U.S. are the most confident that their firms’ risk-management programs are effective, Deloitte survey finds
- By: Beatrice Paez
- March 3, 2017 March 3, 2017
- 13:20
Wealthsimple founder honoured
The Canadian Startup Awards has named Michael Katchen entrepreneur of the year
- By: James Langton
- March 3, 2017 March 3, 2017
- 10:50
IFIC campaign encourages investors to open their statements
In a new video, Jane Rooney talks to Canadians about the new CRM2 reports they are receiving and the benefits of reviewing them
- By: IE Staff
- March 2, 2017 March 2, 2017
- 15:40
TD Bank Q1 net income up 13.9%
Higher trading revenues and lower loan losses help banks beat expectations
- By: Alexandra Posadzki
- March 2, 2017 March 2, 2017
- 12:00
Canadians worried about retirement costs
Nearly half of Canadians are concerned about outliving their retirement assets or having to make major sacrifices in retirement
- By: James Langton
- March 1, 2017 March 1, 2017
- 13:00
DFS posts record 2016 results
Net income hit $504.5 million, surpassing the half-billion mark for the first time
- By: IE Staff
- March 1, 2017 March 1, 2017
- 12:00
WCM to honour 16 leaders
The award recipients, who will be recognized at a gala event on Thursday, were selected for their ongoing commitment to inclusiveness and sponsoring female talent…
- By: Beatrice Paez
- March 1, 2017 March 1, 2017
- 11:25
Institutions strongly committed to hedge funds: survey
Institutional investors are targeting annual returns of 7.2% for their hedge fund portfolios
- By: James Langton
- March 1, 2017 March 1, 2017
- 11:00
New global group aims to promote blockchain
The Enterprise Ethereum Alliance includes financial firms and tech giants
- By: James Langton
- March 1, 2017 March 1, 2017
- 11:00
National Bank posts improved Q1 profit
Adjusted earnings above estimates
- By: The Canadian Press
- March 1, 2017 March 1, 2017
- 10:00
Advice needed on retirement income strategies, report finds
There may be less clarity about when to access pension plans or how much is needed upon retirement among many recent and pre-retirees, Vanguard study…
- By: Beatrice Paez
- February 28, 2017 February 28, 2017
- 16:40
BMO, Scotiabank beat expectations
Beyond the numbers, concerns arise
- By: Alexandra Posadzki
- February 28, 2017 February 28, 2017
- 15:55
BMO Q1 net income up 39% to $1.49 billion
The bank reported $5.41 billion of revenue
- By: The Canadian Press
- February 28, 2017 February 28, 2017
- 10:00
Scotiabank Q1 profit rises 10% to $2.01 billion
The bank says its dividend will go up by 2¢ to 76¢ per share
- By: The Canadian Press
- February 28, 2017 February 28, 2017
- 07:00
Manulife confirms FINTRAC fined its banking unit $1.15 million last year
The penalty was significant as it was the first time FINTRAC has penalized a bank since it was given the authority to issue administrative monetary…
- By: Megan Harman
- February 27, 2017 February 27, 2017
- 16:10
Median RRSP contribution unchanged in 2015: StatsCan
Although fewer taxpayers reported investment income, the actual amount of investment income rose
- By: James Langton
- February 24, 2017 February 24, 2017
- 16:55
Retirement full of surprise expenses, poll finds
As RRSP season winds down, this should remind clients that retirement planning requires more than making an annual RRSP contribution, CIBC suggests
- By: Tessie Sanci
- February 24, 2017 February 24, 2017
- 16:30
Caisse de dépôt earned 7.6% return in 2016
Equities, real estate and infrastructure investments performed well
- By: Ross Marowits
- February 24, 2017 February 24, 2017
- 15:30
RBC grows first quarter profit by 24%, hikes dividend
Jennifer Tory named chief administrative officer; Neil McLaughlin appointed group head of personal and commercial banking
- By: Alexandra Posadzki
- February 24, 2017 February 24, 2017
- 14:15