Industry News

BMO posts big miss on earnings expectations

BMO posts big miss on earnings expectations

BMO Financial Group significantly missed analyst earnings expectations

By Ian Bickis, The Canadian Press |December 5, 2024

3 min read

Edward Jones opens multi-advisor branches in Maritimes

Edward Jones opens multi-advisor branches in Maritimes

Latest office launch in Halifax follows Frederiction launch earlier this autumn

By Michelle Schriver |December 4, 2024

2 min read

First stablecoin to meet CSA’s standards

First stablecoin to meet CSA’s standards

Other issuers have until Dec. 31 to comply with the regulators' stablecoin rules

By James Langton |December 4, 2024

2 min read

Ex-SEC commissioner tapped to lead agency

Ex-SEC commissioner tapped to lead agency

Trump nominates crypto advocate as next head of the SEC

By James Langton |December 4, 2024

1 min read

Advocis resolves 2 claims of wrongful dismissal

Advocis resolves 2 claims of wrongful dismissal

"The matter between Mr. Pollock and his former employer has settled," counsel says

By Michelle Schriver |December 4, 2024

2 min read

Powell: Fed’s independence from politics is vital

Powell: Fed’s independence from politics is vital

President-elect Trump has made numerous public criticisms of the Fed, Powell

By Christopher Rugaber, The Associated Press |December 4, 2024

2 min read

Securities industry’s systemic risk worries ease

Securities industry’s systemic risk worries ease

Level of concern declines alongside interest rates, CSA reports

By James Langton |December 4, 2024

1 min read

Founder of failed global crypto lending platform pleads guilty to fraud charges

Founder of failed global crypto lending platform pleads guilty to fraud charges

Alexander Mashinsky admitted that he misled customers about the business

By Larry Neumeister, The Associated Press |December 4, 2024

2 min read

Scotiabank reports $1.69B Q4 profit, up from $1.35B a year ago

Scotiabank reports $1.69B Q4 profit, up from $1.35B a year ago

Scotiabank earned $1.57 per diluted share on an adjusted basic, up from $1.23 a year ago

By Ian Bickis, The Canadian Press |December 3, 2024

4 min read

Robo advisor sanctioned over CFR shortcomings

Robo advisor sanctioned over CFR shortcomings

Compliance sweep in 2022 found WealthBar wasn’t meeting new standards

By James Langton |December 3, 2024

2 min read

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