FCAC says controls to mitigate sales risk at banks “insufficient”
The consumer watchdog reviewed business practices across Canada’s Big Six banks
- By: Armina Ligaya
- March 20, 2018 November 13, 2019
- 13:10
The consumer watchdog reviewed business practices across Canada’s Big Six banks
Province plans modest spending hikes
The bank aims to create new tools and experiences for clients by providing external developers access to select RBC application programming interfaces
Regulator outlines initiatives to respond to the needs of Ontario seniors and the investment industry
Loonie makes slight gains
But the closure of the two ETFs doesn’t mean SLGI will be out of ETFs permanently as the firm says it’s “refining” its ETF strategy
Canadian branchless bank intends to launch VersaVault globally
Quebec, Ontario, Alberta and PEI have already provided authority to IIROC to enhance its collection abilities
10 stocks added to portfolio
Three funds for HNW clients
ESG analysis firm purchases certain assets of Solaron Sustainability Services
A suite of services includes online trading, robo-advice and personal financial planning with a dedicated financial advisor
Loonie lower for a fourth day
Futures prices show investors expect the oil supply shock will resolve
MSCI to reclassify Greece indexes in May 2027
Move likely clears the way for Trump pick, Kevin Warsh
FCA leads week of action against illegal finfluencing activity
Soldier accused of betting on plans to capture Venezuelan leader
FCAC, OSC execs discuss consumer outcomes amid a concentrated market, innovation
Plus, other software updates and a partnership
It also wants to increase labour productivity by 3.3%
Interest rate on overdue tax will remain 7% in Q3
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