Finance

839 posts

Manulife hires banking business’ first female CEO

Manulife Bank, operating under insurer Manulife Financial (TSX:MFC), will be led by its first female CEO, Katy Boshart, beginning next week.

76% of Canadians still believe homeownership is out of reach

Buying a home feels out of reach for most Canadians who don't own property, yet half of non-owners are still holding onto that goal.
Bank of Canada - Governor Tiff Macklem and Senior Deputy Governor, Carolyn Rogers.

Bank of Canada holds rate, keeping risk-on sentiment at bay

The Bank of Canada held its policy interest rate at 5 per cent, with the Canadian economy yet to show evidence of sustained easing.

Five lessons from CPP’s portfolio and investment strategy

While institutional portfolios are vastly different from those of individual investors, CPP's strategy offers key lessons for our readers.

Royal Bank replaces CFO after ‘undisclosed’ personal relationship

Royal Bank of Canada (TSX:RY) appoints Katherine Gibson as its interim chief financial officer to replace the fired Nadine Ahn.
Cricket Canada TD Bank Group

TD partners with Cricket Canada ahead of ICC T20 World Cup

TD Bank Group (TSX:TD; NYSE:TD) partners with Cricket Canada in a deal that makes TD the official bank of Canada's national cricket teams.

Crypto stock bolsters Bitcoin position as halving grows near

Crypto stock HIVE Digital (TSXV:HIVE) grew its Bitcoin position by 7 per cent from 2,131 in February to 2,287 in March.

Laurentian Bank sells $2 billion in wealth-management assets

Laurentian Bank (TSX:LB) will sell assets under administration of its retail full-service investment broker division to iA Private Wealth.

A short seller takes aim at WSP Global

Spruce Point Capital Management, a prominent U.S. investment manager, has opened a short position in WSP Global (TSX:WSP).

How to invest in index funds: A guide for active investors

As an active investor, you may have heard of, or even scoffed at, the idea of learning how to passively invest in index funds.

Lightspeed stock lifted by layoffs

Lightspeed Commerce (TSX:LSPD) institutes substantial layoffs and a share repurchase program to expedite its path to profitable growth.

Is it time for a change to Canadian pension funds?

A recent development with the Canada Pension Plan has sparked attention across Canada's financial landscape, and changes might be on the way.
Nuvei Corp.

Advent to take Nuvei private, valuing fintech company at US$6.3B

Montreal-based fintech company Nuvei Corp. (TSX:NVEI) has agreed to be taken private by Advent International in an all-cash transaction.

Activist investor seeks to overhaul WonderFi board

KAOS Capital, an activist investor and major WonderFi (TSX:WNDR) shareholder, plans to propose five nominations to the crypto stock's board.

Neptune Digital Assets finds value in soaring crypto market

Neptune Digital Assets (TSXV:NDA) closes a value investment in Solana cryptocurrency at a 64 per cent discount to the current market price.
- Investor, Eric Sprott

Eric Sprott decreases exposure to attractive gold and PGM stock

Mining tycoon Eric Sprott allowed 12.5 million Benton Resources (TSXV:BEX) share purchase warrants to expire unexercised.

RevoluGROUP stock dips despite new strategic agreements

RevoluGROUP (TSXV:REVO) stock fell in early trading, despite adding two agreements to its string of positive news flow since changing CEOs.