Financial sector braces for pandemic fallout
Global financial system has weathered Covid-19, but risks remain
- By: James Langton
- May 26, 2020 May 26, 2020
- 11:55
Global financial system has weathered Covid-19, but risks remain
The platform will be available later this year
Net assets totalled $409.6 billion for the fiscal year ended March 31
Demand for deferrals in Canada peaked in the first week of April
Regulator cautions against shopping for investments online
Grants available for both research projects and "knowledge transfer" projects, such as webinars
The TSX closed up 161.78 points on Monday
European Banking Authority sees banks capable of absorbing pandemic fallout
The low-load DSC option will be removed from BMO’s mutual fund lineup
Returns that would have been due in June, July or August can be filed by Sept. 1
Pandemic relief efforts are also creating an economic trade-off
Report says lockdowns should not be repeated in the face of a second wave
RIA poll also found that most advisors still aren’t discussing RI with clients
Oil prices climbed more than 2.5% as Strait of Hormuz remains blocked
However, success hinges on the details and speed of implementation
Tolling of limitation period applies to all potential class members, court finds
Investors in private equity funds misled, money misused, SEC charges
Effort to encourage independent IPO research hasn't worked, added costs
Ahead of spring economic statement, small business group calls for measures to counter shrinking entrepreneurship
Plus, other software updates and a partnership
It also wants to increase labour productivity by 3.3%
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