Major Canadian banks involved in blockchain trial
The trial aimed to examine whether technology could be used to simplify the process of banks providing liquidity for cross-border payments
- By: James Langton
- October 20, 2016 October 20, 2016
- 13:30
Latest news in Industry News
CUs make notable contributions to economy, communities, report finds
CUs added $6.5 billion to Canada’s GDP, almost 28,000 direct jobs, $24.7 million in donations and $16.5 million in sponsorships to local communities in 2015
- By: Tessie Sanci
- October 20, 2016 October 20, 2016
- 11:30
RBC to fund development of machine learning and AI
The bank has partnered with the University of Toronto to launch a research practice aimed at pushing the boundaries of the science around machine learning
- By: Tessie Sanci
- October 20, 2016 October 20, 2016
- 10:25
Canada is world’s fourth-largest cybersecurity hub, report finds
Ontario has been the main driver, and the province has the potential to further strengthen its cybersecurity dominance, which would benefit the financial services sector…
- By: Tessie Sanci
- October 19, 2016 October 19, 2016
- 15:00
Significant disconnection in Canadians’ attitude toward saving
Most Canadians see themselves as savers, but more than half have very little put away, according to a new report
- By: Tessie Sanci
- October 19, 2016 October 19, 2016
- 09:55
Russell calls on regulators to provide more insight into rule proposals
The IIAC’s president and CEO says regulators need to be more open about the thinking that goes into their reform plans
- By: James Langton
- October 19, 2016 October 19, 2016
- 09:10
Banks team with SecureKey to fund digital identity network
Proposed new service would make it easier for consumers to take control of their digital identity in a privacy enhanced and secure way
- By: James Langton
- October 18, 2016 October 18, 2016
- 13:15
Fairfax buys some of AIG’s insurance operations in Latin America, Europe
The acquisitions will expand Fairfax’s footprint in Latin America significantly and builds on the company’s current expansion in Eastern Europe
- By: Tessie Sanci
- October 18, 2016 October 18, 2016
- 11:35
Portag3 Ventures closes new fintech fund
Adam Felesky named president of venture fund backed by Power Financial
- By: James Langton
- October 17, 2016 October 17, 2016
- 11:10
Front Street Capital sells division to former CEO
Gerard Ferguson is launching J2 Capital Management, which is buying Jemmek Capital Management and two funds from Front Street, the firm he led from February…
- By: Tessie Sanci
- October 17, 2016 October 17, 2016
- 10:30
U.S. advisors embracing social media
Four in five advisors say their client base grew this year with the help of social media vs 49% of advisors who said the same…
- By: Tessie Sanci
- October 14, 2016 October 14, 2016
- 16:05
Morningstar acquires remaining stake in PitchBook
PitchBook provides data and research on certain aspects of the private capital markets, including venture capital, private equity and M&As
- By: James Langton
- October 14, 2016 October 14, 2016
- 13:35
Firm on way to meeting crowdfunding targets to launch “responsible bank”
impak Finance received $425,000 in pledges within 24 hours to help it build a financial services platform dedicated completely toward the impact economy
- By: Tessie Sanci
- October 14, 2016 October 14, 2016
- 10:40
Two-thirds of Canadians willing to adopt RI, study finds
Financial advisors should approach responsible investing with clients proactively and be willing to offer products that adhere to its principles
- By: Tessie Sanci
- October 13, 2016 October 13, 2016
- 15:55
Ontario appeal court finds against Donald Trump and business partners
Two investors are entitled to remedies for being misled in marketing materials projecting profit margins for those buying units in Toronto’s Trump Hotel
- By: James Langton
- October 13, 2016 October 13, 2016
- 15:45
Federal government’s new housing measures prudent: CIBC CEO
Victor Dodig also spoke of his efforts to help create a growth fund for small and medium-sized businesses
- By: Andy Blatchford
- October 13, 2016 October 13, 2016
- 06:50
Canadians score high on financial literacy
A new OECD survey says Canadians have healthy financial habits but could do better managing debt
- By: Tessie Sanci
- October 12, 2016 October 12, 2016
- 15:05
Fitch endorses new mortgage and tax rules
Rating agency says tighter lending practices likely to cool overheated housing markets
- By: James Langton
- October 12, 2016 October 12, 2016
- 12:40
TD to sell European direct investing business
Scottish firm Interactive Investor to purchase TD Direct Investing
- By: Tessie Sanci
- October 12, 2016 October 12, 2016
- 09:45
Janus-Henderson merger is credit positive: Moody’s
The merger represents a response to declining assets in active management
- By: James Langton
- October 11, 2016 October 11, 2016
- 16:00
FCAC finds “strong market conduct” among banks, insurers
The Financial Consumer Agency of Canada’s annual report also highlights its efforts to improve financial literacy, industry engagement and consumer awareness
- By: James Langton
- October 11, 2016 October 11, 2016
- 11:25
Canaccord adds advisory team from NBF
The addition of Vancouver’s LePoidevin Group is part of the firm’s strategy to bring in more advisors and grow its AUM
- By: IE Staff
- October 11, 2016 October 11, 2016
- 09:35
FPSC to honour three for performance on CFP exam
Simon Couvrette, Melissa Loiselle and Marc Sherman received the highest marks of the 421 candidates who wrote the national CFP exam this past June
- By: Tessie Sanci
- October 7, 2016 October 7, 2016
- 14:10
Scotiabank CEO Brian Porter elected IIF treasurer
Axel Weber named chairman of the Institute of International Finance
- By: James Langton
- October 7, 2016 October 7, 2016
- 08:45
Robo-advisor delivers value to millennial clients
David Nugent, portfolio manager and chief compliance officer, Wealthsimple, explains how the robo-advisor firm digitizes the investment process to offer millennial clients advice and value.…
- By: David Nugent
- October 6, 2016 November 9, 2019
- 09:50