Power Financial Corp. – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 18 Mar 2020 17:24:12 +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 Power Financial Corp. – Investment Executive https://www.investmentexecutive.com 32 32 Net earnings fall in Q4 for Power Financial https://www.investmentexecutive.com/news/research-and-markets/net-earnings-fall-in-q4-for-power-financial/ Wed, 18 Mar 2020 17:24:12 +0000 https://www.investmentexecutive.com/?p=397112 The corporation earned $401 million during the quarter, down from $478 million a year earlier

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Q2 earnings down for Power Financial https://www.investmentexecutive.com/news/industry-news/q2-earnings-down-for-power-financial/ Fri, 02 Aug 2019 19:28:28 +0000 https://www.investmentexecutive.com/?p=385172 Company earned $443 million, down from $658 million a year earlier

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Power Corp. shareholders reject say-on-pay proposal https://www.investmentexecutive.com/news/industry-news/power-corp-shareholders-reject-say-on-pay-proposal/ Tue, 14 May 2019 19:02:10 +0000 https://www.investmentexecutive.com/?p=381866 The vote was 23% in favour, 77% against a greater shareholder voice on executive compensation

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Power Financial reports lower Q1 2019 earnings https://www.investmentexecutive.com/news/industry-news/power-financial-reports-lower-q1-2019-earnings/ Mon, 13 May 2019 16:40:36 +0000 https://www.investmentexecutive.com/?p=381771 Bigger contribution from IGM offset by lower earnings from life insurance companies

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Power Financial raises quarterly dividend after reporting $478M in Q4 https://www.investmentexecutive.com/news/industry-news/power-financial-raises-quarterly-dividend-after-reporting-478m-in-q4/ Wed, 20 Mar 2019 15:45:04 +0000 https://www.investmentexecutive.com/?p=378722 The quarterly payment to shareholders will go up by 5.2% to 45.55 cents per common share

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Manulife Q3 profit surges to $1.57 billion https://www.investmentexecutive.com/news/industry-news/manulife-q3-profit-surges-to-1-57-billion/ Thu, 08 Nov 2018 19:35:48 +0000 https://www.investmentexecutive.com/?p=358167 Insurer gets Asia boost while region weighs on Sun Life results

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Power Financial reports record Q2 earnings on strong subsidiaries performance https://www.investmentexecutive.com/news/industry-news/power-financial-reports-record-q2-earnings-on-strong-subsidiaries-performance/ Fri, 03 Aug 2018 20:50:13 +0000 https://www.investmentexecutive.com/?p=354322 Strong performances from GWL, Putnam Investments and IGM Financial resulted in net earnings of $658 million in Q2

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Power Financial to invest more in fintech startups to avoid digital disruption https://www.investmentexecutive.com/news/industry-news/power-financial-to-invest-more-in-fintech-startups-to-avoid-digital-disruption/ Thu, 10 May 2018 21:15:46 +0000 https://www.investmentexecutive.com/?p=350178 Subsidiaries Great-West Lifeco and IGM Financial have invested $230 million in 32 fintechs

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Wealthsimple raises $65 million https://www.investmentexecutive.com/news/industry-news/wealthsimple-raises-65-million/ Wed, 21 Feb 2018 15:34:44 +0000 https://www.investmentexecutive.com/?p=346816 Power Financial has invested $165 million in capital in the robo-advisor since 2015

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Andre Desmarais back at Power Corp. https://www.investmentexecutive.com/news/people/andre-desmarais-back-at-power-corp/ Wed, 10 Jan 2018 15:00:00 +0000 https://avatar.investmentexecutive.com/uncategorized/andre-desmarais-back-at-power-corp/ The deputy chairman, president and co-chief executive, had taken a temporary medical leave last year

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