A new report suggests that uncertainty about political developments in Europe could trigger abrupt swings in financial asset prices this year
Although rising U.S. interest rates are making up part of the lost revenue, cutting costs “rarely lead to increased market share,” report finds
Despite a new review, many changes will remain as insurers have “invested meaningful resources” in preparation, Fitch report suggests
Ottawa is expected to introduce a framework that likely includes higher capital requirements and rules for converting liabilities into common equity
The firm will also be lowering fees between 0.25 bps and 8.6 bps on several funds, even if proposed mergers fail to gain approval
North American issuers made up majority of defaults so far this year
U.S. regulators seek to sanction executives for alleged participation in a referral hiring program that violated anti-bribery law
However, greater shareholder engagement is taking some of the wind out of their sails
A new report states that IIROC has observed “a dramatic decrease in the number of applicants and [reps] with solvency and integrity issues”
The SRO has published a revised edition of the proposed rules, with comments due on May 12