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The facade of the Royal Exchange in the City of London

U.K. government borrowing hits record

Covid-19 is battering public finances

U.S. flag and voting stickers

Comparing personal taxes based on the U.S. election’s outcome

Biden is campaigning on making the wealthy pay more

Top Canadian hedge fund returns 16% over 10 years

Alternative IQ hosted its annual awards for the industry on Tuesday

  • By: IE Staff
  • October 21, 2020 October 21, 2020
  • 11:34

Overcoming Alberta’s financial hurdles

Covid-19 and low oil and gas prices pose challenges for Albertans looking to invest

CI closes deal for majority stake in Aligned Capital

Aligned has $10B in assets and over 200 advisors

Brookfield Asset Management to buy 19.9% stake in American Equity

The U.S. firm specializes in fixed index annuities

As stresses ease, Bank of Canada curtails supports

The central bank will wind up liquidity programs and reduce repo operations

Ontario allows probate applications by email

The change is meant to address "perennial" backlog issues

Sprucing up trading at the close

TSX consults on proposals to modernize MOC facility

Miniature House on A Financial Graph

CREA reports Canadian home sales set record for September

Sales were up 45.6% from last year

Morgan Stanley 3Q profit rises 25%, helped by trading

The investment bank benefited from market rebounds in the summer

business woman esg

ISS to boost Canadian board diversity benchmarks

Firm plans to set 30% as new standard for female board representation

Grayhawk hires private banker to lead Quebec biz

The family office firm recently announced a deal with Sagard Holdings

Poor nations get extension to repay debt

The G20 suspends debt repayments until June 2021

Bank of America profit falls 15.6% in third quarter

Low interest rates cut into the U.S. bank's earnings

Goldman Sachs profits beat expectations

The U.S. bank's earnings jumped sharply in Q3, fuelled by trading, less in loan-loss provisions

Wells Fargo posts $2B profit in Q3, reversing Q2 loss

The result is less than half what the U.S. bank made in last year's third quarter

Wealthsimple raises $114 million in financing round

Canadian fintech reaches "unicorn" status with a valuation of $1.4 billion

  • By: IE Staff
  • October 14, 2020 October 14, 2020
  • 09:51

Scotiabank sells its operations in Antigua and Barbuda

The sale involves two branches and fewer than 75 employees

  • By: IE Staff
  • October 13, 2020 October 13, 2020
  • 16:41
Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Liberals revamp rent relief for businesses hit by Covid-19, expand loan program

The move comes after the country added 378,000 jobs in September

LSE sells Italian exchange to enable Refinitiv deal

The transaction is designed to allay regulatory concerns about competition

NDP calls for excess profit tax

Jagmeet Singh is urging the government to at least double the tax rate on companies’ excess profits

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

TDAM loses bid to block class action

The Ontario Divisional Court has rejected TDAM’s leave to appeal an earlier ruling

  • By: IE Staff
  • October 9, 2020 October 9, 2020
  • 10:23

JPMorgan puts $30B toward fixing banking’s systemic racism

The U.S. bank will extend billions in loans to Black and Latino homebuyers and business owners

BMO adds new interactive tool to WealthPath

New feature allows clients to test financial scenarios

  • By: IE Staff
  • October 8, 2020 October 8, 2020
  • 12:03