U.S. brokerage firms see drop in Q1 profits, revenue
However, the results represent an increase on a quarter-over-quarter basis as numbers were up from Q4 2015
- By: James Langton
- June 30, 2016 June 30, 2016
- 08:40
Latest news in Industry News
Update: IFIC opposes possible embedded-commission ban
Fund industry group says CSA should wait until effects of existing reforms are known
- By: James Langton
- June 29, 2016 June 29, 2016
- 15:20
New robo-advisor embraces AI-driven active management
Although Responsive’s services have higher fees than other robo-advisors, these will be justified when markets take a downward turn, says the firm’s CEO
- By: Fiona Collie
- June 29, 2016 June 29, 2016
- 13:50
GE Capital no longer a systemically important institution
The U.S. FSOC has determined that GE Capital has effectively reduced its systemic importance to an acceptable level
- By: James Langton
- June 29, 2016 June 29, 2016
- 12:30
IFIC releases latest volatility risk guidelines
This year’s guidelines come at a time at which the CSA is currently working on a standardized methodology for measuring and reporting risk to investors
- By: James Langton
- June 28, 2016 June 28, 2016
- 15:50
AGF announces pricing, portfolio management changes
Easier access to preferred fee level; portfolio management changes for two equity pools
- By: Tessie Sanci
- June 28, 2016 June 28, 2016
- 15:25
New open standard for fund data
Consortium of European companies creates “openfunds” project to improve transparency
- By: James Langton
- June 28, 2016 June 28, 2016
- 06:30
Fairfax to acquire stake in Indonesian insurer
The firm will acquire an 80% interest in PT Asuransi Multi Artha Guna Tbk, a general insurer with US$65 million in gross written premiums in…
- By: Tessie Sanci
- June 27, 2016 June 27, 2016
- 10:30
Wooing the wealthy
As growth of HNW assets slows, wealth managers must deliver visible value, digital tools, says annual Capgemini report
- By: Jade Hemeon
- June 23, 2016 June 23, 2016
- 15:50
IFIC releases new CRM2 guide
Information for dealers focuses on annual investor reports
- By: James Langton
- June 23, 2016 June 23, 2016
- 10:30
Industry groups respond to Basel consultation on internal risk models
Proposals would harm economic growth
- By: James Langton
- June 22, 2016 June 22, 2016
- 15:30
Business groups mostly warm to CPP changes
Investment industry approves of gradual increases in premiums
- By: Tessie Sanci
- June 22, 2016 July 25, 2018
- 13:30
Scotiabank teams with Kabbage to automate business loan process
It’s not the first time that one of the big Canadian banks has partnered with a financial technology upstart
- By: Alexandra Posadzki
- June 22, 2016 June 22, 2016
- 12:00
Finance ministers reach CPP agreement
Premiums to increase in 2019
- By: Geordon Omand
- June 21, 2016 June 21, 2016
- 05:30
Deloitte acquires consulting firm
Casey Quirk is world’s largest consultancy dedicated exclusively to asset managers
- By: Tessie Sanci
- June 20, 2016 June 20, 2016
- 15:35
Markit to acquire Prism Valuation
Toronto firm will be integrated into Markit’s portfolio valuations service
- By: Tessie Sanci
- June 20, 2016 June 20, 2016
- 10:20
Bank of Canada opens the door to a Bitcoin-like payment system
The central bank is working with the Big Five on an experimental project to deepen understanding of distributed ledger technology
- By: Tessie Sanci
- June 17, 2016 June 17, 2016
- 16:00
IFIC urges Ontario to lead national collaboration on financial planning rules
The mutual fund industry trade group’s submission pushes back against some of preliminary recommendations of the Expert Committee
- By: James Langton
- June 17, 2016 November 9, 2019
- 15:00
Insurance complaint submission made easier
The OmbudService for Life and Health Insurance has revamped its website with a new suite of online tools
- By: Megan Harman
- June 17, 2016 June 17, 2016
- 12:15
Canadian financial companies linked to cluster munitions investments
Four companies named in a report released by Dutch peace group PAX
- By: Mike Blanchfield
- June 16, 2016 June 16, 2016
- 17:40
Court dismisses Octagon Capital lawsuit
Bankrupt firm loses bid for debt restructuring fees
- By: James Langton
- June 16, 2016 June 16, 2016
- 14:00
U.S. Congressional committee passes Senior $afe Act
Legislation will allow firms to disclose cases of potential senior financial exploitation without the fear of legal ramifications
- By: James Langton
- June 16, 2016 June 16, 2016
- 13:30
Small business owners say no to CPP hikes
The CFIB is encouraging governments to pursue better voluntary options and incentives to help Canadians save for their own retirement
- By: IE Staff
- June 16, 2016 June 16, 2016
- 11:00
Canadian baby boomer employees have unrealistic view of finances in retirement
A new study finds that baby boomer employees are especially underprepared to deal with their heath-care costs once they lose access to their workplace benefit…
- By: Tessie Sanci
- June 15, 2016 June 15, 2016
- 16:05