Hiking the rate now would give the central bank more flexibility to lower it down the road if trade developments worsen
The MRAC provides advice to IIROC staff about possible changes to trading rules, guidance and other market regulation issues
A mandatory data request to mutual fund dealers will be issued this fall
In an environment of fee compression and pervasive passive investing, profitable growth is becoming more difficult to achieve
The self-regulatory organization seeks to increase engagement with mutual fund dealers and investors
The transaction is intended to double Scotia’s presence in Chile
Jonathan Norwood and Richard Wong have been named portfolio managers of Cundill Recovery Class and Cundill Recovery Fund until the mergers take effect
U.S. markets climb
Ridgewood Canadian Bond Fund and Ridgewood Tactical Yield Fund now available to fee-based advisors
Fintechs should be required to meet similar standards as the traditional banks when it comes protecting client data
The revised capital adequacy guideline for banks would take effect in Q1 2019
Higher interest rates appear to have slowed household borrowings
Unemployment rate rises to 6%
The rebound was triggered by the end of a strike at Kaiser Permanente and improved weather across the country
Private equity was identified as top choice of alternatives asset class
Trump address on Iran war rattles market optimism
Fraudster sentenced in absentia after pleading guilty
SRO drops mandatory close-out proposal, adds new conduct-based approach
Company prioritized shareholder returns over infrastructure spend: ASIC
Conquest, Friedmann AI add features like large language model data migration, insurance quotes
Changes come weeks after Manulife Singapore issued world's largest life insurance policy
And, multiple investments and acquisitions by private equity, miners
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