Industry News

Fitch downgrades TD Bank outlook to negative

Rating agency cites potential fallout from anti–money laundering deficiencies at the bank

By The Canadian Press |May 29, 2024

1 min read

Industry

FAIR Canada applauds Saskatchewan’s OBSI bill

"Landmark" legislation is significant step forward in protecting investors, organization says

By James Langton |May 28, 2024

2 min read

Industry

Private equity firm buys maker of hockey rink boards

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

By The Canadian Press |May 28, 2024

1 min read

Industry

Scotiabank profits slip amid rising strain in auto loans, mortgages

Despite challenges, overall revenue grew

By Ian Bickis, Canadian Press |May 28, 2024

3 min read

Industry

TD had solid quarter, AML issues aside: Moody’s

Strong revenues boost earnings amid rising provisions, charges

By James Langton |May 27, 2024

2 min read

Regulation

FSRA seeks CRM2-like disclosures for seg funds

Proposal would require seg fund disclosure of embedded costs

By James Langton |May 27, 2024

2 min read

Regulation

OSFI confronts rising liquidity risks

Regulator consults on revisions to boost intra-day liquidity insight

By James Langton |May 27, 2024

2 min read

Regulation

Bank capital reforms poorly timed, Scotia warns

Tougher capital rules may lead to sharply lower lending

By James Langton |May 24, 2024

2 min read

Industry

Assets surge in Q1 for U.S. fund industry: Moody’s

Markets drive industry AUM higher, net flows positive for large firms

By James Langton |May 24, 2024

2 min read

Regulation

DFSA no longer an approved credential in Ontario

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

By Michelle Schriver |May 23, 2024

3 min read

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