Industry News

Industry

Investors drop proposed class action after shares rebound

"No utility" to continuing lawsuit against Stableview Asset Management after losses recovered, court said

By James Langton |February 10, 2022

2 min read

Industry

CPP Investments reports Q3 results, commits to net zero by 2050

The fund returned 2.4% in the third quarter

By Staff |February 10, 2022

2 min read

Industry

Regulators to ban DSCs for seg funds

A ban on upfront commissions is also being considered in a consultation

By James Langton |February 10, 2022

2 min read

Industry

Brookfield considers spinning off asset manager

Equity value of standalone biz would be US$70–100 billion, CEO says

By Staff |February 10, 2022

2 min read

Industry

Manulife earned record $7.1 billion in 2021

Q4 profit grew 17%

By The Canadian Press |February 10, 2022

1 min read

Industry

Appeal denied in CIBC unpaid overtime lawsuit

A hearing is scheduled for September to determine damages for unpaid hours

By Staff, with files from The Canadian Press |February 9, 2022

1 min read

Industry

Executive moves this week

Current and former banking execs are among the new appointees

By Katie Keir |February 9, 2022

1 min read

Industry

CI invests in crypto asset trading platform

The firm's investment in Newton Crypto Ltd. will expedite its efforts in getting crypto trading capabilities to its wealth management clients

By Daniel Calabretta |February 9, 2022

1 min read

Industry

Strong equity markets, positive fixed-income returns boost pensions: FSRA

In the fourth quarter of 2021, 81% of defined benefit plans were more than fully funded

By James Langton |February 8, 2022

1 min read

Industry

Equitable Bank buys Concentra

The acquisition would result in Canada's seventh-largest bank

By Staff, with files from The Canadian Press |February 8, 2022

2 min read

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