National Bank appoints new vice-chairman of commercial banking and financial markets
Michael Denham brings over 30 years of industry experience
- By: Maddie Johnson
- September 1, 2021 September 1, 2021
- 11:00
Michael Denham brings over 30 years of industry experience
Eric Hallé will chair the board of governors
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
Overall consumer debt now stands at $2.15 trillion
Emergencies would negatively impact most people's finances
Canada's job vacancy rate reached 5% with unfilled positions in hospitality and retail
Driving the drop were declines in home resale activity and exports
The frenzied pace of sales is starting to slow across the country
The firm added a U.S. TIPS bond index ETF and emerging markets ETF to its lineup
One weak area was application processing for prospective mortgage brokers and insurance agents
The S&P 500 has registered more than 50 all-time highs this year
Taking population growth into account, CIBC says Canada's employment gap is around 650,000
People who lost DTC eligibility under now-changed rules had to close their RDSPs and repay $34.4 million in grants and bonds
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