Customer satisfaction gap widens between big banks and mid-sized lenders
Smaller banks are outperforming in ease of use, personalization: J.D. Power
- By: The Canadian Press
- October 16, 2025 October 16, 2025
- 09:28
Smaller banks are outperforming in ease of use, personalization: J.D. Power
Deal with First-Citizens Bank & Trust Co. expected to close in mid-2026
Recession is unlikely, but valuations are high — a neutral equity-bond asset mix and increased diversification are recommended
Restrictions adopted in response to global financial crisis eased
More than US$50 million in unpaid taxes and penalties ends prosecution
U.K. regulator consults on reforms to support fund industry innovation
Tribunal orders $1.6 million in penalties and costs, market bans
Seven organizations will share the funds, collected from enforcement proceedings
Finance minister points to IMF report that predicts Canada will post the second-highest growth in the G7 next year
Deal boosts data business, provides a toehold in digital finance
Lack of data a challenge for Federal Reserve as it balances inflation, hiring slowdown
Sales fell in 12 of the 21 subsectors: Statistics Canada
With benchmarks all up in the third quarter, issuance rises: SIFMA
Technology, gold stocks rise as oil price falls
BMO economist expects annual deficit will come in at under $78.3B
Gross hires decline to lowest level since the pandemic
Regulator says flawed audits ignored loan valuation issues, misled investors
Brokers allegedly traded on info stolen from girlfriend's laptop
Proceeds used to buy rare Pokémon cards, coins, authorities allege
Public pension manager's AUM rose to $195B
Clamp-down on scams may impose new obligations on financial institutions, among others
Separate legislation give Canadians, lawmakers opportunity to scrutinize separate issues
Plus, EQB gains talent, Fiera CEO on medical leave, and a leadership transition at Hazelview
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, a new ETF from Vanguard, TD issues a green bond and multiple fund changes announced
Regulator addresses questions from market participants after Wealthsimple gets approval to launch event contracts
It's the second firm in Canada to receive approval to offer futures and forecast contracts