CIBC sees revenue and expenses rise as it focuses on growth, raises dividend
Higher costs are mostly from employee compensation and strategic initiatives
- By: Ian Bickis, The Canadian Press
- December 2, 2021 December 2, 2021
- 12:43
Higher costs are mostly from employee compensation and strategic initiatives
The fintech was accused of using the bank's logo to trick users into handing over personal data
Steady monthly increases in oil releases will continue
The insurer named a new capital management SVP, CFO
The new national Investor Advisory Panel will provide retail investor perspective on regulators' work
Powell also elevated inflation-fighting as a more urgent priority than supporting job growth
Two of the entities operated as an exchange without regulatory approval, while the third had quarterly report inaccuracies
Meanwhile, other businesses received more money than was needed while some were excluded altogether
Paul Smith will help the accreditation body expand its reach and profile
The wealth management business earned $558 million, up from $546 million a year earlier
The bank reported a profit of $776 million, plus growth in AUA and AUM
Ontario's auditor general said the OSC could have acted sooner to address "hidden and unfair" fund fees
Investment funds turned out to be built on false promises
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