Boosting banks’ buffer a prudent move: DBRS
Latest increase ensures banks have a cushion to absorb rising credit losses
- By: James Langton
- June 21, 2023 June 21, 2023
- 10:52
AI can help pitch products and identify clients likely to defect
Par life accounts eventually benefit from higher interest rates
Latest numbers highlight growing stress in the industrial and financial trades
A recession will probably arrive before the end of the year, but there could be advantages to staying invested
Growth in labour demand, average hourly wages offered slowing
New domestic stability buffer takes effect Nov. 1
Ottawa is trying to prevent forced labour in supply chains through further transparency, an RIA conference speaker said
Appeal court upholds lower court's ruling, denying class action against trustee
Extending amortization may serve to drive prices higher
Plus, an update on RBC's infrastructure fund and Mackenzie Investments closes a few funds
System-wide review launched in response to recent liquidity crunches in stressed markets
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
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, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups