CI announces plan to sell part of its U.S. wealth business via IPO
The firm's U.S. assets are expected to reach US$133 billion on closing of recent deals
- By: Rudy Mezzetta
- April 7, 2022 April 7, 2022
- 12:17
The firm's U.S. assets are expected to reach US$133 billion on closing of recent deals
A broad range of appointments were made
The investment dealer failed to identify and review suspicious trader activity
Multiple half-point interest rate hikes “could be appropriate” in 2022, say some United States Federal Reserve policymakers
Two polls from KPMG in Canada point to a growing interest among Canadians to purchase cryptocurrencies and crypto funds
Younger Canadians are financially engaged but may lack investment know-how, a BMO survey suggests
Household income rose but net saving dropped for every age group, StatsCan reports
Nominations for the Top Under 40 will be accepted until June 3, while the other award nominations are due May 13
Interim rules coming in May, with new CEO, board to be named in Q2
Advisors need to consider several aspects, such as life expectancy and whether the client will spend or invest CPP and OAS
CEO's prepared remarks at the meeting included criticism of the proposed federal bank surtax, which is expected in Thursday's budget
Admitted fraudster gets jail time, ordered to pay restitution
Active equity and bond funds generally outperformed passive funds for the year
Rents are still 12.9% higher than levels seen before the Covid pandemic
They rose 2.3% in 2025, while business insolvencies fell by 21.8%
Precious metals action calms, while Dow Jones tops 50K
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
GoSmart targets newer investors, excludes mutual funds, GICs, bonds, options
Plus, GreenShield buys Kii Health's Canadian mental health services segment
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
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