Wall Street takes a hit from capital markets in Q1
Investment banking fees down in first quarter, as activity softens
- By: James Langton
- April 3, 2025 April 3, 2025
- 14:06
Investment banking fees down in first quarter, as activity softens
PM says he's working on a "framework" for auto producers to get relief from the countertariffs as Stellantis Windsor plant pauses production
Transport costs are a barrier to diversifying, while moving factories to the U.S. would add closure, labour costs
The result compares with a $3.1 billion surplus in January
Jobless claims fell by 6,000 to 219,000 for the week ending March 29
Survey also revealed advised investors were happiest with National Bank, least satisfied with TD, Scotia
Australian PM was harshly critical: "This is not the act of a friend"
Trump is going ahead with previously announced 25% tariffs on automobile imports
The U.S. president excluded Canada and Mexico from his remarks, leading to speculation that the two countries have been exempted from direct tariffs
Rep lost money alongside clients in unapproved outside investment
Also, Singapore firm releases new underwriting platform
Manufacturers don't have enough workers as it is, and labour force growth projections are soft
JP Morgan tops underwriter rankings, BMO leads in mortgage-backed securities
Disappointing U.S. retail sales raise bets for more rate cuts
Housing starts forecast to drop to 247,000 this year as costs, inventories rise
Economists had expected a 0.4% increase
Alleged $213-million loan guarantee remains subject of dispute
U.K. agency brings first proceeding alleging illegal promotional activity
Agency found firm failed to report suspicious transaction
Date not reasonable for industry implementation, tax practitioner says
$10M capital gains exemption for sellers set to expire at end of this year
Aging client base, different registered accounts are changing how advisors see RRSP season
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Fees, ease of access are key considerations for investors when selecting an ETF
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report