Bank of England hints that U.K. borrowing rates will stay high after latest hike
Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row
- By: Pan Pylas, The Associated Press
- August 3, 2023 August 3, 2023
- 10:44
Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row
New money market products were rewarded, according National Bank's monthly report
Any impact of higher borrowing costs is subtle, as many factors can determine the value of a practice
Jeffrey Schmid replaces Esther George, who retired in January
Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports
Offshore stock trades came alongside previously-sanctioned options trades
Sales in the market totalled 2,455 last month, a 28.9% increase from a year ago
The CSA and CIRO will consider such awards a compliance issue
B.C. court says case meets criteria and allows plaintiff to revise claim
BoC research found that hedge funds joined the selling action in bond markets
'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