Bond market suggests “soft landing” for U.S.
Narrowing bond spreads signal confidence in borrowers, economy
- By: James Langton
- August 25, 2023 August 25, 2023
- 12:32
Back-office snafu meant clients didn't get discounts on standard fees
Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target
The warning about cuts follows the bank's trimming of 1% of full-time equivalent employees in Q3
The bank also reported lower profits and rolled out an expanded share buyback program
The association extended its line of credit, got a loan and tapped into its $5.5-million reserve fund
Company allegedly facilitated in washing over US$1 billion in criminal proceeds
New rules aim to improve transparency, investor protection in private fund market
New rule sharply narrows prop traders' SRO exemption
All five leaders are said to back the principle of letting in new members, but decision still uncertain
As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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