Industry

Shift to T+1 poses short-term risk: Moody’s Shift to T+1 poses short-term risk: Moody’s

Industry

Shift to T+1 poses short-term risk: Moody’s

Ultimately, reduced settlement cycle will pay off for overall financial system

By James Langton |May 13, 2024

2 min read

Canadian banks directed over US$100B to oil and gas last year: report Canadian banks directed over US$100B to oil and gas last year: report

Industry

Canadian banks directed over US$100B to oil and gas last year: report

In 2023 most of the five biggest banks reduced fossil fuel funding relative to previous years

By Ian Bickis, The Canadian Press |May 13, 2024

2 min read

CI reports retail fund outflows of $1.3 billion in Q1 CI reports retail fund outflows of $1.3 billion in Q1

Industry

CI reports retail fund outflows of $1.3 billion in Q1

Firm posts $154.4-million loss as investors exit balanced funds, cash-like products

By Rudy Mezzetta |May 10, 2024

3 min read

Steve Hawkins hires Evermore founder as LongPoint COO Steve Hawkins hires Evermore founder as LongPoint COO

Industry

Steve Hawkins hires Evermore founder as LongPoint COO

LongPoint will focus on white labelling and also plans to launch its own passive ETFs

By Melissa Shin |May 10, 2024

4 min read