Scotiabank’s exit from Puerto Rico makes strategic sense: Fitch
Decision to sell is consistent with the bank's strategy of geographic de-risking
- By: James Langton
- June 28, 2019 October 31, 2019
- 11:13
Growth topped expectations
Firms won't be required to apply margin requirements for amendments to existing derivatives
Consumer confidence slipped, but remains high
Canadian Financial Sector Resiliency Group will launch in August
The dollar traded at an average of US76.27¢ on Thursday
Proposed rules from Budget 2019 could negatively impact the Canadian ETF market
Advisors can now serve U.S. clients or Canadian clients with U.S.-domiciled accounts
The ASC ordered a permanent ban, $400K fine and millions in disgorgement
The rate increased for corporate taxpayers’ pertinent loans or indebtedness
Survey of venture capital and private equity firms shows room for improvement
Settlement includes US$48.8 million in disgorgement and a US$40 million civil penalty
Regulator seeks to boost market activity following declines in energy sector
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