Industry News

Decorative pattern

Regulation

FINRA sanctions four brokerage house for improper securities lending practices

Firms to pay US$2.6 million, including US$1 million in client restitution

By James Langton |December 6, 2023

1 min read

Financial intelligence agency hands down $7.5M penalty to Royal Bank of Canada

Regulation

Financial intelligence agency hands down $7.5M penalty to Royal Bank of Canada

The fine announced Tuesday is the largest ever imposed by FINTRAC

By Jim Bronskill  and  The Canadian Press |December 5, 2023

3 min read

Big Six see mixed results: Fitch

Industry

Big Six see mixed results: Fitch

Revenues were down slightly in Q4, while expenses and loan provisions were up

By James Langton |December 5, 2023

2 min read

Returns are tough, but fund managers’ finances OK

Industry

Returns are tough, but fund managers’ finances OK

Fitch affirms traditional managers' ratings, despite challenging conditions

By James Langton |December 4, 2023

2 min read