Shadow banks retreat amid high interest rates
The sector's assets and share of global assets dropped last year, according to the FSB
- By: James Langton
- December 18, 2023 December 18, 2023
- 13:51
The sector's assets and share of global assets dropped last year, according to the FSB
Soft landings are in sight for Canada and the U.S., according to outlook reports from Scotiabank and BMO
Court will consider firm's appointment by Traynor Ridge Capital's receiver
Regulators around the world are forcing firms to disclose carbon emissions and other climate data
FusionIQ has a new compliance partner, while Croesus works with Mako on KYC
Agency has begun offering greater detail on its enforcement activity
Most trading outages are traced back to software problems, it finds
IOSCO sounds alarm, calls for action to combat escalating online harm
U.S. fund industry calls for global move to shorter settlement cycle
It's still too early to consider cutting the policy rate, the Bank of Canada governor said in a speech
Plus, Horizons to shutter its bull and bear marijuana ETFs
Foreign investors sold Canadian securities, while Canadians divested U.S. stocks
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
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, a new TD partnership, and Toronto fintech becomes dark pool partner
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