Credit impacts of cyberattacks on the rise: Moody’s
Business disruption costs are the largest effect of cyber incidents
- By: James Langton
- June 6, 2024 June 6, 2024
- 08:31
Most banks lowered their prime rates to 6.95% following the announcement
Trusts holding GICs would not qualify for a filing exemption available to low-value trusts
Plus, the latest in other tech news
Claim alleges that bank failed to disclose deficiencies fast enough
New exchange venture raises US$120 million to finance launch
Software glitches the most common causes of trading failures, regulators find
More buyers are expected to enter the market as borrowing costs begin to decrease
Governor says if inflation continues to ease, it is reasonable to expect further cuts
Total inflows have reached $24 billion this year
Sham fund manager engaged in a Ponzi scheme, regulators ruled
ESMA promises tougher oversight, calls on industry to avoid misleading claims
U.S. stock markets edge lower from recent highs
Crypto fraud rising, as scams scale up and adopt AI tools: report
Bank of Canada likely to keep rates unchanged when it meets this month
Court appoints BDO to administer claims from investors
SRO failed to prove certain allegations, investor harm
Regulatory action deals with subset of $1.8 million misappropriation
Plus, new faces at Raymond James, Designed Wealth, Assuris and FSRA
CPP Investments, Northleaf have a two-decade long partnership
Investors’ compromised data may include SINs and investment account numbers and statements
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, other product/index launches, fund name and management changes
These fixed-income investments offer an escape from the duration-heavy domestic market without sacrificing security
Plus, product news from Harvest, AGF, CIBC, NEI, Manulife and RGP Investments