The company’s Q2 reported earnings of $729 million beat analysts’ expectations of $705.8 million
Core earnings were up in the firm’s Canada, U.S. and global wealth- and asset-management divisions while earnings slipped in Asia
Banks, insurers and other financial services firms will have to comply with certain provisions of the new cybersecurity rules
The group argues that the proposed rule, as it stands, is too weak in certain respects and too ambiguous in others
The loonie ended down after a report that Saudi Arabia was selling Canadian assets
Although about half of baby boomers plan to downsize, 56% said they consider the neighbourhoods they currently live in to be unaffordable
U.S. study finds brokerages’ apps to be much weaker than conventional banking apps
Investors bilked of more than $5 million in investment scheme to finance two start-up companies
Republican congressman Christopher Collins of New York, his son and others were arrested for their roles in an alleged insider trading conspiracy
Report projects global fund industry AUM will rise in the coming years, led by markets in Latin America and Asia
The advisor borrowed money from a client, representing “breaches of duties which lie at the very root of the agent-client relationship”
The firm, which has been suspended since January 2017, held no client assets and was deemed “effectively insolvent”
The source of the selloff is unclear, but it comes after Saudi Arabia has responded forcefully to criticism from Canada’s federal government
Trump address on Iran war rattles market optimism
An estimated 170,000 vehicles were sold in the month
In Canada, turmoil has been especially pronounced in private real estate funds
SRO drops mandatory close-out proposal, adds new conduct-based approach
Company prioritized shareholder returns over infrastructure spend: ASIC
Regulator charges pair that separately pleaded guilty to criminal charges
"I’m very bullish" on potential outcomes, says interprovincial trade expert
Executive chair Steve Peacher says SLC Management is considering a rebrand
Manulife, Great-West had leadership changes last year
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Plus, EQB gains talent, Fiera CEO on medical leave, and a leadership transition at Hazelview
Deputy governor posts to filled via an internal recruitment process
S&P 500 adds another 0.7% after Tuesday's big leap
Plus, a new ETF from Vanguard, TD issues a green bond and multiple fund changes announced
Regulator addresses questions from market participants after Wealthsimple gets approval to launch event contracts