CIBC reports Q2 profit of $1.75 billion as credit picture improves
The bank's Canadian commercial banking and wealth management business earned $456 million in Q2
- By: Ian Bickis, The Canadian Press
- May 30, 2024 May 30, 2024
- 09:26
Top Stories in News
Regulators eager for responses to sustainability disclosure consultation
Comments on the Canadian Sustainability Disclosure Standards are due June 10
- By: Melissa Shin
- May 29, 2024 May 30, 2024
- 12:44
Industry News
Inflation pressures keeping Fed rate cuts on pause
Key reason for the delay in cuts is lingering effects of the pandemic
- By: Christopher Rugaber, The Associated Press
- May 29, 2024 May 29, 2024
- 12:07
Residential mortgage debt hits $2.16 trillion: CMHC
Total owed is up 3.4% year over year, representing slowest growth in 23 years
- By: The Canadian Press
- May 29, 2024 May 29, 2024
- 11:59
BMO Financial Group reports $1.87B Q2 profit
Raises quarterly dividend to $1.55 per share, up four cents
- By: Ian Bickis, The Canadian Press
- May 29, 2024 May 29, 2024
- 11:53
National Bank of Canada earns $906M Q2 profit
Montreal-based bank raises quarterly dividend to $1.10 per share, an increase of four cents
- By: The Canadian Press
- May 29, 2024 May 29, 2024
- 11:46
IMF upgrades its forecast for China’s economy
But consumer-friendly reforms are needed to sustain growth
- By: Elaine Kurtenbach, The Associated Press
- May 29, 2024 May 29, 2024
- 09:33
Research and Markets
Fitch downgrades TD Bank outlook to negative
Rating agency cites potential fallout from anti–money laundering deficiencies at the bank
- By: The Canadian Press
- May 29, 2024 May 29, 2024
- 08:49
FCNB joins fight against LLQP cheats
Regulator follows CISRO, FSRA with tougher exam administration policy
- By: James Langton
- May 28, 2024 May 28, 2024
- 17:59
From the Regulators
Former FTX exec gets jail time
Crypto executive sentenced on federal conspiracy charges
- By: James Langton
- May 28, 2024 May 28, 2024
- 17:53
From the Regulators
FAIR Canada applauds Saskatchewan’s OBSI bill
"Landmark" legislation is significant step forward in protecting investors, organization says
- By: James Langton
- May 28, 2024 May 28, 2024
- 17:34
Industry News
Private equity firm buys maker of hockey rink boards
Reichmann Segal Capital Partners says it plans to invest in new product development and expansion
- By: The Canadian Press
- May 28, 2024 May 28, 2024
- 15:25
Industry News
More Canadians making only minimum payment on credit cards: TransUnion
Cost-of-living crisis and higher interest rates eat into household budgets
- By: Ritika Dubey, The Canadian Press
- May 28, 2024 May 28, 2024
- 11:40
AI names push stock markets higher on Friday
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
- By: Daniel Johnson, The Canadian Press
- December 19, 2025 December 19, 2025
- 17:15
Wage growth slowing, ECB data shows
Central bank sees slowdown in wage gains from collective agreements
- By: James Langton
- December 19, 2025 December 19, 2025
- 16:43
Bank of Japan hikes policy rate
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
- By: Elaine Kurtenbach, The Associated Press
- December 19, 2025 December 19, 2025
- 09:38
SEC sanctions Canadian over pump-and-dumps
Accountant allegedly found assets used to lure investors to schemes
- By: James Langton
- December 19, 2025 December 19, 2025
- 15:39
Executive banned in failed real estate scheme
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
- By: James Langton
- December 19, 2025 December 19, 2025
- 14:56
SEC sanctions key figures in FTX scandal
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
- By: James Langton
- December 19, 2025 December 19, 2025
- 13:42
Industry moves: Michelle Connolly joins Q Wealth
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
- By: Alisha Hiyate
- December 19, 2025 December 19, 2025
- 16:50
ASC extends safe harbour regime to climate-related disclosures
Provincial regulator can halt trading when misinformation circulates
- By: Jonathan Got
- December 19, 2025 December 19, 2025
- 10:47
FP Canada releases CFP, QAFP exam results for October
QAFP exam has one more sitting before title protection transition ends
- By: IE Staff
- December 18, 2025 December 18, 2025
- 13:08
Industry moves: Richardson Wealth, CIBC Wood Gundy and CI Assante score veteran teams
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
- By: Alisha Hiyate
- October 3, 2025 November 12, 2025
- 17:39
Industry moves: John MacIntyre named chair of TD Bank
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
- By: Alisha Hiyate
- August 4, 2025 August 1, 2025
- 00:33
Industry moves: Huston Loke leaves FSRA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
- By: Alisha Hiyate
- July 18, 2025 July 18, 2025
- 17:06
Investment fund sales, assets climbed in November: SIMA
Mutual fund, ETF AUM rose for the seventh consecutive month
- By: Noushin Ziafati
- December 19, 2025 December 19, 2025
- 11:58
Product roundup: Ardian brings evergreen PE fund to Canada
Plus, other product launches and news, including more ESG fund terminations
- By: Noushin Ziafati
- December 15, 2025 December 16, 2025
- 11:29
The ETF year in review
More than 300 new products landed in 2025 — a new record
- By: Rudy Luukko
- December 12, 2025 December 12, 2025
- 13:24