Industry News

Industry moves this week

Across the industry, there were retirement announcements and an advisor move

By Katie Keir |May 27, 2022

2 min read

FCAC finds big banks make ‘inappropriate’ product recommendations

Mystery shopping exercise finds consumers felt good despite banks’ poor sales practices

By James Langton |May 26, 2022

2 min read

CIBC reports Q2 profit down from year ago, wealth management profit up 20%

CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter

By Staff, with files from The Canadian Press |May 26, 2022

2 min read

OSC panel dismisses fund rep’s insider trading allegation

Tribunal rejects circumstantial case, concluding trades are suspicious but not clearly offside

By James Langton |May 26, 2022

2 min read