Stronger activity in Montreal and Toronto contributes to 14% rise from August
Compliance exam turns up five AML violations
Sovereign rating activity drives sector's credit profiles
CREA now expects a 1.1% decline in sales this year from 2024
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
Oil prices climbed more than 2.5% as Strait of Hormuz remains blocked
However, success hinges on the details and speed of implementation
Blockbuster week ahead for Wall Street as Alphabet, Amazon, Microsoft, Apple and others set to report
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