Adapting brokerage sector looks stable for 2020, Fitch says
The rating agency notes the industry's "progress in diversifying and adapting business models"
- By: James Langton
- November 22, 2019 November 22, 2019
- 15:08
The province will be the fifth to give IIROC a full enforcement toolkit
CIBC and Bank of Nova Scotia anticipate central bank will lower rates in 2020
The broker also facilitated manipulative trading in a U.S. company, authorities said
An environment of tepid economic growth and persistent low yields requires different thinking, say portfolio managers
Registration is voluntary ahead of mandatory requirements taking effect
Question raised about whether BCSC had jurisdiction
The results matched economic expectations
A revised policy stance is in the works
RBC is the only other Canadian bank on the list
Almost all Canadians agree the average household is in too much debt, research finds
S&P/TSX composite index closed down 6.63 points on Thursday
Einstein Group has less than $45,000 in cash and cryptocurrency, a receiver's report found
Investors sift through "ugly" jobs report in Canada, U.S. economic data
Iran War has choked off most tanker transport through the Strait of Hormuz
GDP and jobs growth, inflation, are weighing on consumer sentiment
SRO says high risk, high volume trades, insufficient notes should have raised red flags
New guidance broadens range of supports that discount brokers can provide
Court grants Wealthsimple's application for closing judgment
Plus, RBC buys mortgage fintech, Fiera funds solar energy firm and EQB-PC Financial merger gets key thumbs up
But the advantages digital banks have enjoyed on fees is shrinking, as Ottawa pulls policy levers
The reversal comes just over two weeks after Houston's government tabled its budget
Gallagher will oversee Richardson rebrand under iA Financial
Plus, appointments at Harbourfront, Richardson, Manulife Investments and more
Interim Parliamentary Budget Officer Jason Jacques not extended
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