In conventional performance evaluation, full efficiency is implicitly assumed and alpha is attributed entirely to skill. However, in the presence of implementation costs, accruing risk premia is ...

Financial firms, including banks, are prime targets for cyberattacks, given their central economic role, the assets they control, and the data they hold, the report noted — attacks that can have ...

Just days after a Canadian warship passed through the Taiwan Strait — defying Beijing’s warning that such transits undermine the bilateral relationship — Foreign Affairs Minister Anita Anand welcomed ...

Canada’s economy is still struggling to grow but some economists weighing in on the latest real gross domestic product results Friday argued that weakness may not qualify as a recession. Statistics ...

Laurentian Bank of Canada reported a loss of $20.6 million in its latest quarter as it worked to complete its deal to be split in two and sold in a pivot to become a specialty commercial bank. The ...

The U.S. Securities and Exchange Commission (SEC), which has previously backed away from more stringent climate-related disclosure requirements, is now proposing to completely drop its new rules in ...

Technology stocks lead the gains. Dell Technologies surged 31.3% after after delivering profits that blew past expectations. The company also raised its outlook, citing powerful demand for AI ...

I pulled an old book off the shelf this week. The Hacker Ethic and the Spirit of the Information Age by Pekka Himanen is a kind of sociology of work in the digital age. It had been collecting dust for ...

The head of a U.S. investment firm who defrauded a bank of more than US$20 million, and caused his investors losses of more than US$8 million, has been sentenced to jail after being convicted on fraud ...

TD Bank Group says it has made progress on implementing measures meant to combat money laundering risks as it expects to ...

The Bank of Canada says the financial system has proven resilient after a turbulent year but officials at the central bank ...

Royal Bank of Canada raised its quarterly dividend as it reported its second-quarter profit rose 25% compared with a year ...