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National Bank announces internship winners

The Women in Financial Markets Internship Program is designed to support women seeking careers in financial markets

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ATB Financial’s new CEO to continue technological push

Assuming the top job at the Alberta-based bank is “humbling,” says Curtis Stange

Bank of Nova Scotia, Toronto, On

Scotiabank completes Colombian acquisition

Transaction adds more than 500,000 new customers

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Macquarie brings “green” unit to North America

Firm operates similar businesses, which invest in renewable energy and related sectors, in the U.K. and Asia

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New fund, series from Mackenzie

Firm adds two new high net-worth series of Quadrus funds

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TMX IP to manage trading data to mid-2022

Firm has been the industry’s information processor for exchange-traded securities since 2009

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DBRS improves credit rating on TD

U.S. tax reform and the prospect of higher interest rates in both Canada and the U.S. should help boost the bank’s earnings

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Uphold acquires JNK Securities

The firm’s new securities division will offer trading in initial coin offering tokens and fractional equities, and provide other exchange services under regulatory oversight

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Catalyst Canada recognizes BMO execs

Simon Fish and Kona Goulet will be recognized at an event in October for their contributions to help women advance in the workplace

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DBRS raises ratings on RBC

The credit-rating agency says RBC’s strengths distinguish the bank from its peers in Canada and around the world

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Economical Insurance delivers demutualization plan to OSFI

The plan sets out how the P&C insurer aims to convert to a public company from one owned by its policyholders

Bank of Nova Scotia, Toronto, On

1832 Asset Management faces $200-million class action

The announcement follows a similar proposal against TD Asset Management launched in April and the CSA’s proposal to ban mutual fund firms from paying discount…

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Delay public pension benefits further: report

Putting off CPP and OAS benefits until age 75 would help clients plan for retirement, group says

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RBC looks to Israel to improve cybersecurity

The bank will invest $2 million into research at Ben-Gurion University’s Cyber-Security Research Center

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CIFP acquires Canadian Hedge Watch

CHW, which operates under the Radius brand, produces events focusing on alternative investments, ETFs and pensions

  • By: IE Staff
  • June 26, 2018 June 26, 2018
  • 08:28
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DBRS places CI’s credit ratings under review

There are concerns about the asset manager’s “growing long-term debt levels” and that the company’s debt/EBITDA ratio has increased

CIBC HQ

CIBC to extend private wealth brand in the U.S.

CIBC Atlantic Trust Private Wealth Management will become part of CIBC Private Wealth Management

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BIS names Philip Lowe as new chief

The group of global financial sector policy-makers’ new annual report stressed the need for critical structural reforms to keep the global economy churning

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Split reactions to CSA proposals

Industry groups and investor advocates agreed on some of the proposed rules, but opinions were divided on the decision to allow embedded commissions to remain…

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Scotiabank jumps to top spot in 2018 mobile banking scorecard

CIBC and National Bank slip to second and third place

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Manulife cutting 700 jobs

The insurer will look to recruit top digital talent

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Western Financial Group acquires Ontario’s Axion Insurance

Insurance services firm expands beyond Western Canada

  • By: IE Staff
  • June 20, 2018 June 20, 2018
  • 13:50
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Sun Life Financial names new human resources chief

Helena Pagano succeeds Carrie Blair

  • June 20, 2018 August 1, 2018
  • 10:15
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Growing wealth among HNW not translating into satisfaction

Although global high net-worth individuals’ wealth surpassed US$70 trillion for the first time, only 55.5% said they connected very well with their wealth managers

  • By: IE Staff
  • June 19, 2018 June 19, 2018
  • 12:00
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Raymond James beefs up investment banking team

Veteran Kyle Rookes brings more than a decade of M&A and capital markets experience to the firm, with a focus on the oil field services…

  • By: IE Staff
  • June 19, 2018 August 1, 2018
  • 09:15