Scotiabank cutting jobs in efficiency push
Bank had 87,317 employees at the end of July
- By: The Canadian Press
- October 17, 2025 October 17, 2025
- 10:45
Bank had 87,317 employees at the end of July
Futures for the S&P 500 fell 0.1% before the bell, while futures for the Dow Jones Industrial Average gained 0.1%
Centres now answering 77% of incoming calls, addressing backlogs
Regulator rejects the idea of "bespoke" regulation for firms
Certification body sets sights on prospective investment dealer reps
Lawsuit alleges program harms shareholder rights, stifles dissent
FSB, IOSCO reviews find inconsistent policy adoption
Stronger activity in Montreal and Toronto contributes to 14% rise from August
Compliance exam turns up five AML violations
CREA now expects a 1.1% decline in sales this year from 2024
Smaller banks are outperforming in ease of use, personalization: J.D. Power
Deal with First-Citizens Bank & Trust Co. expected to close in mid-2026
The S&P/TSX composite index climbed 244.33 points to 32,000.10
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
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
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
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