Life insurers saw Q2 profits rise amid fewer claims and favourable foreign exchange rates
BMO's wealth management business earned $401 million in the quarter, up from $341 million a year ago
The bank cut its provisions for credit losses by 83% compared with a year ago
Chua has more than 12 years of investment banking experience
In his new role, Miron will head up operations related to information technology, client experience and employee experience
Craig Basinger's team will join Purpose Investments next month
Todd Barnes will become head of the bank-owned brokerage, while Gilchrist moves to another role in the bank
Research examines where physical risk and financial risk meet in Canada
Mortgage debt, however, rose by a record $99.6 billion
Earnings kick off Tuesday with Scotiabank and BMO
Digital currency favours banks over tech companies in payments space
IIROC's guidance on CFR requirements should include more information on risk, dependants and ESG, submissions say
NBDB first Canadian bank-owned direct brokerage to ditch commissions on trading of stocks, ETFs
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record