Fed vice-chairman Richard Clarida resigns amid trading scandal
Clarida was scheduled to finish his term this month but will instead resign about two weeks early
- By: Christopher S. Rugaber
- January 10, 2022 January 11, 2022
- 17:02
Clarida was scheduled to finish his term this month but will instead resign about two weeks early
Clients lost over $1 million on risky options strategy in market crash
The firm's all-in-one balanced and growth funds are looking to add a small allocation to Fidelity's Bitcoin fund
OSFI will launch discussions with financial institutions as it looks to produce climate risk guidelines this year
Stories of "crypto millionaires" have led to big bets and big losses
The pandemic will continue to create uneven distributions across countries and sectors
Growing global manufacturing is a positive for Canada
Scams, theft and crypto laundering rise, Chainalysis reports
Rebound to push oil appetite above pre-pandemic levels, Moody's says
Wages also rose sharply in December, with average hourly pay jumping 4.7%
Energy costs jumped 26%, Eurostat reports, while food price increases also contributed to European inflation
Business restrictions, labour shortages to hamper economic activity
Unemployment fell to 5.9% in December, not far north of the record 5.4% low in 2019. But omicron could push up the jobless rate this…
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