TSX dragged down by bank results
Disappointing results from CIBC and TD Bank weighed on the financial sector
- By: The Canadian Press
- February 28, 2019 October 31, 2019
- 16:42
Disappointing results from CIBC and TD Bank weighed on the financial sector
The federal regulator says it's aware of attempts to obtain personal information under false pretenses
Each portfolio is a mutual fund
In such situations, automated payments or savings "might be actively harmful to a consumer’s interest"
Cites high risks with the assets
The reading beat a consensus forecast
However, there are reasons not to file too early, says Jamie Golombek
A C.D. Howe report says the change would support the growth of innovative Canadian companies
Earnings fell short of analyst expectations
Asset managers may be communicating with customers in a manner that is "unfair, unclear or misleading," report says
It makes sense to divest from countries where the bank doesn't have adequate scale
The bank saw a $17M wholesale banking net loss
Nearly half of parents with children 30 to 35 are still providing support, a poll says
Hopes for de-escalation with Iran fading: Harbourfront CIO
Investors see rising possibility of a rate hike by October
Rising risks will bring new costs, OSFI's Routledge says
Conflict arose from allocation that generated revenue from "no fee" accounts
Regulators issue data that offers snapshot of global fund sector
Regulator alleged US$14 million overcharging, settles for US$150,000 penalty
Voluntary guidance aims to facilitate financing as market continues to grow
Reducing internal trade barriers, boosting energy supplies, key opportunities
Annette Ryan promised to "hold the government's feet to the fire" on spending decisions
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, Wellington-Altus adds talent, OSFI's Gully headed for Basel Committee and more
Both also recorded positive net sales in February, SIMA reports
Plus, other launches, fund changes announced
Plus new equity ETF launches from CIBC and LongPoint, Dynamic debuts private assets fund, and more