Fed plays limited role in assessing climate risks for banks
The central bank can help assess risks, but Fed chair Jerome Powell said the private sector, elected officials must take the lead
- By: The Associated Press
- June 4, 2021 June 4, 2021
- 10:47
The central bank can help assess risks, but Fed chair Jerome Powell said the private sector, elected officials must take the lead
Michael Cooke of Mackenzie Investments is succeeding Steve Hawkins
Many companies are struggling to find enough workers, even as the economy rapidly recovers
An advisor was permanently banned after engaging in personal financial dealings with a client
The regulator extended a temporary regime for cryptos amid anti-money laundering troubles
Valuations are back above pre-pandemic levels in most segments, despite economic turmoil, meaning markets remain at risk
Each manager comes from the firm’s integrated in-house investment boutiques
Former leader Chris Reynolds will transition to a new executive chair role on July 1
The regulator has adopted rule changes to end DSCs by June 2022
Michael Doughty has been elected to the position
Home prices continue to rise, however, despite the dip in sales
U.S. jobless claims declined for the fifth week in a row to 385,000
Canadian ETF monthly inflow reaches the highest level in a year
The agency is forecasting a 0.1% increase for November
The economy grew 3.8% in the April–June quarter
The S&P/TSX composite index climbed 244.33 points to 32,000.10
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
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
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