The rules now apply to an additional 47,000 firms
A report warns BigTech firms may "dominate, rather than diversify" financial services
Deal value totalled US$57.3 billion in the quarter
C.D. Howe calls for more regulatory barriers to be removed
Banks reported some improvement in earnings in the first few months of the year, although most other financial services firms reported decreases
Brokerages took a hit, but banks remained solid and can expect tempered earnings growth
Toronto Finance International and TheCityUK renew their memorandum of understanding
Successful firm must be willing to leave behind their existing legacy systems, business models and approaches to talent
Most companies had improved earnings, but slower growth will mean smaller increases in profits
The financial services industry faces many challenges this year, including slowing growth, rising interest rates and changes to the regulatory framework