National Bank reports Q2 profit down from year ago, raises quarterly dividend
Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier
- By: The Canadian Press
- May 31, 2023 May 31, 2023
- 15:01
Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier
Global preeminence of the U.S. dollar facing multiple challengers
Markets, investment funds remain vulnerable to rising stress
Statistics Canada reports real gross domestic product grew at annualized rate of 3.1% in Q1
After rising for four consecutive quarters, interest rate charged on overdue tax to stand steady
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
Other funds ready to ride out the "crypto winter"
Plus, CI has an asset-allocation suite, and First Trust takes a laddered approach to U.S. equities
It's the fourth time in five months that overall U.S. consumer confidence has declined
Most of the investors' money was put into riskier projects than promised
The IAP is also pushing for reforms to the dispute resolution process
Commission structures, account transfer standards and dual registration are all in the works
Firms should prepare and test responses, executives said at an IFIC event
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