Pandemic turns banks into preppers
Regulators' proposals aim to ensure banks can endure severe negative events
- By: James Langton
- August 6, 2020 August 6, 2020
- 14:39
Regulators' proposals aim to ensure banks can endure severe negative events
The Winnipeg-based firm reported net earnings of $183.5 million, down from $185.1 million a year ago
Redemptions were down in a quarter that saw CI acquire ownership stakes in two U.S. RIAs
Regulators harmonize exemptions and enhance disclosure requirements
The firm reported a 30% year-over-year increase in investment banking revenue
Average home prices are also up 16.9% from a year ago, at $943,710
Getting data on other marginalized groups is difficult
EMEA asset owners lead the way, but North American investors are catching up, report finds
Net income was $727 million for the period ended June 30, down from $1.47 billion a year ago
Fund dealer admits to not fully investigating suspected rep misconduct
The one-year master's program is aimed at working professionals
The sale of GLC Asset Management is for $175 million in cash
The proposals seek a more investor-friendly approach to fund disclosure
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