This isn’t your daddy’s bank run: FSB
In early 2023, banks faced unprecedented deposit outflows, and evidence suggests social media played a role
- By: James Langton
- October 24, 2024 October 24, 2024
- 15:31
In early 2023, banks faced unprecedented deposit outflows, and evidence suggests social media played a role
Claims from men, manufacturing sector leading the way
Move matches the rate decrease announced by the Bank of Canada
Policy splitting, tax implications and beneficiary changes are factors to consider
Prescribed rate set to drop as average yield on three-month Treasury Bills moves lower
Firm was alerted to $1 million in missed grants by government review
Bulletin alerts industry firms to risky activity involving legal profession
SRO curbs exemptions, toughens firms' approval requirements
Regulator calls for more enforcement tips on emerging issues
Firms' joint foray into consumer finance wasn't ready, regulator alleges
IFRS 17 won’t significantly impact LICAT ratios, insurers moving towards bonds
Sales of previously occupied U.S. homes fall to weakest annual pace in nearly 14 years
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
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
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups