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  • By: IE Staff
  • June 7, 2024 June 7, 2024
  • 09:00

Canaccord’s wealth management earnings set records

Division was a bright spot as annual revenue fell by 2.1%

Bank of Canada note

What BoC rate cut means for mortgages, consumer loans, investments

Most banks lowered their prime rates to 6.95% following the announcement

CRA signage

Trusts holding GICs must file an annual tax return, CRA says

Trusts holding GICs would not qualify for a filing exemption available to low-value trusts

Texas

U.S. exchange rival planned

New exchange venture raises US$120 million to finance launch

man and woman on scales

Women in Capital Markets changing name to VersaFi

The advocacy group says the new name comes at a time of increasingly difficult headwinds for women in the finance sector

Video call

Ready on camera one?

In an increasingly online world, present yourself on video like a pro

Laurentian bank logo on building

Laurentian Bank launches strategic plan after $117.5M loss

The plan hopes to position the company as an alternative bank

Health Insurance Assurnace computer laptop

Claims for anti-obesity medication on the rise: Manulife

Claims for substance abuse and mental health issues also increasing

Market graph

T+1 transition a success

The proof is that next-day settlement went largely unnoticed this week

RBC Bank branch stock photo

RBC reports Q2 profit up, raises dividend after closing HSBC deal

The results put RBC as the best banking performer of the quarter: analyst

CIBC

CIBC reports Q2 profit of $1.75 billion as credit picture improves

The bank's Canadian commercial banking and wealth management business earned $456 million in Q2

online comments

Regulators eager for responses to sustainability disclosure consultation

Comments on the Canadian Sustainability Disclosure Standards are due June 10

Inflation pressures keeping Fed rate cuts on pause

Key reason for the delay in cuts is lingering effects of the pandemic

Bank Of Montreal Branch stock photo

BMO Financial Group reports $1.87B Q2 profit

Raises quarterly dividend to $1.55 per share, up four cents

National Bank of Canada in Toronto’s financial district; National Bank of Canada is sixth largest commercial bank in Canada.

National Bank of Canada earns $906M Q2 profit

Montreal-based bank raises quarterly dividend to $1.10 per share, an increase of four cents

Private equity firm buys maker of hockey rink boards

Reichmann Segal Capital Partners says it plans to invest in new product development and expansion

More Canadians making only minimum payment on credit cards: TransUnion

Cost-of-living crisis and higher interest rates eat into household budgets

Scotiabank

Scotiabank profits slip amid rising strain in auto loans, mortgages

Despite challenges, overall revenue grew

Exterior of CRA headquarters building

CRA announces prescribed rate for Q3

Agency confirms the interest rate Canadians must pay on overdue tax will drop to 9%

Senior couple

Wedding bells — or alarm bells?

What to do when you suspect an elderly client is being manipulated in a late-life relationship

DFSA no longer an approved credential in Ontario

Designation holders have six months to obtain a different credential to use the financial advisor title

TD bank. stock photo

TD reports profits down 22% on anti–money laundering hit

Potential impact on bank's growth in U.S. market is a longer-term risk

Old and new sign

FP Canada introduces 2 new rules

Financial planners now have requirements related to trusted contacts, conflicted roles

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Banks to report second-quarter results as credit concerns persist

Latest quarter was fairly tame with encouraging data on the inflation front and still historically low levels of mortgage delinquencies