The initiative would provide investor protections but existing restrictions on controlling shareholders and related parties would not apply to a sovereign shareholder
Principles are aimed at consistency for firms leaving the U.K.
Even though the volume of transactions worldwide declined, there were nine deals valued at more than $500 million
Regulars say false and misleading applications pose a serious problem
The dealers allegedly overcharged fee-based client accounts about $6 million and mutual fund accounts $5.7 million between 2005 and 2016
Two new studies from J.D. Power reveal that usage and satisfaction with mobile banking is growing significantly among consumers
Paul Stapleton takes over as chief technology officer and Tisha Lawton as vice president of product solutions
The upgraded version of Nasdaq’s SMARTS technology is capable of monitoring up to a billion transactions daily, in real time
Applications for term life insurance up to $1 million without blood, urine and other biometric data is now available for those up to age 45
Canada’s Big Five banks all announced they were increasing their prime lending rates by 25 basis points effective on Thursday
Illegal profits were traded through Canadian brokerages, the charges say
In the U.S., the Dow Jones industrial average hit a new record high while the Nasdaq rose by more than 1%
But the rise of automated advice services also carries operational and implementation risks
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
High-profile firms and their clients were targeted in 2025
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record