Industry News – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Mon, 11 Nov 2024 20:30:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Industry News – Investment Executive https://www.investmentexecutive.com 32 32 CRA doubles number of identified global high-wealth groups over 5 years https://www.investmentexecutive.com/news/industry-news/cra-doubles-number-of-identified-global-high-wealth-groups-over-5-years/ Mon, 11 Nov 2024 20:04:35 +0000 https://www.investmentexecutive.com/?p=496452 CRA has identified more than 2,500 groups that belong to the GHW population

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]]> Deputy minister appointed interim CEO of AIMCo after Alberta government fires board https://www.investmentexecutive.com/news/industry-news/aimco/ Mon, 11 Nov 2024 16:32:19 +0000 https://www.investmentexecutive.com/?p=496445 A full-time chair will be appointed in December, followed by a new board

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]]> Canaccord posts $16.9 million profit in Q2 https://www.investmentexecutive.com/news/industry-news/canaccord-posts-16-9-million-profit-in-q2/ Fri, 08 Nov 2024 22:12:49 +0000 https://www.investmentexecutive.com/?p=496400 The firm’s global wealth management business earned $216.5 million

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]]> Former TD employee indicted for distributing customer data on Telegram https://www.investmentexecutive.com/news/from-the-regulators/former-td-employee-indicted-for-distributing-customer-data-on-telegram/ Fri, 08 Nov 2024 15:31:28 +0000 https://www.investmentexecutive.com/?p=496349 The employee worked in the bank's anti-money laundering department

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]]> Alberta government fires AIMCo board https://www.investmentexecutive.com/news/industry-news/alberta-government-fires-aimco-board/ Fri, 08 Nov 2024 15:09:19 +0000 https://www.investmentexecutive.com/?p=496345 Province cited rising management fees, poor performance in its decision

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]]> Fed cuts its key interest rate by quarter-point amid post-election uncertainty https://www.investmentexecutive.com/news/industry-news/fed-cuts-its-key-interest-rate-by-quarter-point-amid-post-election-uncertainty/ Thu, 07 Nov 2024 20:30:39 +0000 https://www.investmentexecutive.com/?p=496303 Rate cut follows larger half-point reduction in September

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]]> BoE cuts interest rates again despite modest budget-related inflation spike https://www.investmentexecutive.com/news/industry-news/boe-cuts-interest-rates-again-despite-modest-budget-related-inflation-spike/ Thu, 07 Nov 2024 20:24:26 +0000 https://www.investmentexecutive.com/?p=496296 Latest cut comes after inflation fell to an annual rate of 1.7% — U.K.'s lowest level since April 2021

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]]> Great-West Lifeco nets $859M in third-quarter earnings https://www.investmentexecutive.com/news/industry-news/great-west-lifeco-nets-859m-in-third-quarter-earnings/ Thu, 07 Nov 2024 19:17:25 +0000 https://www.investmentexecutive.com/?p=496253 Insurer posted record base earnings topping $1 billion

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]]> Manulife reported $1.8B in net earnings for Q3 https://www.investmentexecutive.com/news/industry-news/manulife-reported-1-8b-in-net-earnings-for-q3/ Thu, 07 Nov 2024 17:27:47 +0000 https://www.investmentexecutive.com/?p=496241 Insurer’s Canadian core earnings up 4%

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]]> Advisors talk Trump, politics and investing post–U.S. election https://www.investmentexecutive.com/news/industry-news/advisors-talk-trump-politics-and-investing-post-u-s-election/ Wed, 06 Nov 2024 21:24:51 +0000 https://www.investmentexecutive.com/?p=496192 No one can predict what markets will do over the next four years, but there are items to watch

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