Canadian bank earnings face headwinds in 2020, Fitch says
Challenges include rising credit provisions, tighter margins and choppy markets
- By: James Langton
- December 19, 2019 December 19, 2019
- 10:46
Ontario is considering alternatives to a DSC ban, but will join the CSA in outlawing trailers for discount brokers
The proposal would expand the definition of accredited investor
S&P 500 five-day winning streak ends
Report examines household debt and the lessons for monetary policy
The CFTC offers firms relief, while the FSB calls for more action
The changes aim to improve compliance with global standards
SRO sets out "technology-neutral" stance to record retention
Two-thirds of Canadians currently hold a Tax-Free Savings Account
A new report from Scotiabank says a hotter housing market has led to faster growth in mortgage borrowing
Most of the new alt funds are relatively conservative
BoE warns that climate change will "affect the value of virtually every financial asset"
The uptick gives the housing market momentum moving into the new year
Targets have changed, but AML controls not being relaxed
Number of international students and workers fell by 28% over a year
Geopolitical uncertainty, especially the war in Iran, loom large for Japan's export-reliant economy
New rules aim to make incident reporting easier, amid rising systemic risk
Panel lifts stay, refines order in case that led to landmark ruling
Only tokenized securities count under new guidance that also clarifies landmark legal test
54% of advisors said they have or will tweak portfolios in response
Total compensation ranged from $4 million to $12.3 million
Exam sitting was the last before title protection transition period ends
Moores will succeed longtime leader Jamie Coulter, who stepped down last year
Gallagher will oversee Richardson rebrand under iA Financial
Plus, appointments at Harbourfront, Richardson, Manulife Investments and more
Plus new equity ETF launches from CIBC and LongPoint, Dynamic debuts private assets fund, and more
Favourable demographics and a rising middle class are ingredients for long-term secular growth
Rising fundraising targets, increased product launches are driving the activity: report