Net income for the bank’s wealth management business increased 37% year over year
Strong results in global banking, wealth management offset hit to retail banking
Spending patterns have changed dramatically during the pandemic
Financial sector employees working from home helped buoy Ontario and Quebec economies
Among women, those with master's degrees in taxation had the highest wages
The new executive director spent almost 20 years at Ontario's securities regulator
Business groups see no hint of a major policy shift
Analysts remain cautious, but there may be room for positive surprises
ETF assets overall grew 6.4% in July
The bank reached a US$122-million settlement with the U.S. Consumer Financial Protection Bureau
The European economy may take longer to heal
The funds will now use variable amounts of leverage and a proprietary index
The umbrella group for North American securities regulators has identified 244 scams
Futures prices show investors expect the oil supply shock will resolve
MSCI to reclassify Greece indexes in May 2027
Move likely clears the way for Trump pick, Kevin Warsh
FCA leads week of action against illegal finfluencing activity
Soldier accused of betting on plans to capture Venezuelan leader
FCAC, OSC execs discuss consumer outcomes amid a concentrated market, innovation
Plus, other software updates and a partnership
It also wants to increase labour productivity by 3.3%
Interest rate on overdue tax will remain 7% in Q3
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
New leadership position brings better accountability for back-office workflows
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales