U.S. loan defaults set to rise: Fitch
The tech sector is driving the increase
- By: James Langton
- February 28, 2023 February 28, 2023
- 14:45
Net income for global wealth management was down 7% from the previous year
The Statscan report showed a grimmer economy than forecasters expected as higher rates took a toll
Desjardins, IG and CPP Investments made senior appointments
A Bain report looks at private equity's uneasy courtship of individual investors
Foreign investor interest in domestic bonds comes as the Bank of Canada is shedding its bond holdings
Obstacles remain, but companies were less worried in early 2023
Investment scams, notably crypto frauds, drove higher losses
The settlement comes as TD works its way through two major acquisitions in the U.S.
Private investments buoyed the Ontario municipal employee fund
A third of economists expect a recession to begin in the April-June quarter
A special committee of independent directors is opposing the offer
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