The former chief financial officer of a U.S. hedge fund pleaded guilty in connection with allegations that he embezzled more than US$3 million from the fund. In a U.S. district court in the Southern ...

In New York, the Dow Jones industrial average was down 184.13 points at 53,791.85. The S&P 500 index was down 24.91 points at 7,728.20, while the Nasdaq composite was down 159.91 points at 26,445.45.

The National Bank of Canada has hired retired general Rick Hillier as a strategic defence adviser. Hillier previously served as chief of the defence staff and spent more than 35 years with the ...

As certain household cost pressures ease and equity markets bolster incomes, discretionary consumer spending is set to pick up in 2027, according to economists at CIBC World Markets Inc.

Payment processing company Moneris says it will be acquired by Francisco Partners for a cash consideration of about $2 billion, with BMO and RBC each receiving a 50% share. Following the closing of ...

A history of personal conflict isn’t enough to justify removing an estate trustee, the Supreme Court of British Columbia ruled in a case where a man sought his sister’s removal after they squabbled ...

In its complaint, the SEC alleged that between May 2021 and April 2025, Cerisano, engaged in a spoofing scheme that was carried out during extended hours when market volume tends to be lower than ...

Vince Childers of Cohen & Steers says inflation still matters, but diversification has become the stronger reason to own real assets ...

The U.S. Securities and Exchange Commission (SEC) charged a venture advisory firm and its CEO on Monday for allegedly ...

Franklin Templeton Canada has added a small amount of private market exposure to some of its mutual fund portfolios, which it ...

According to the court’s decision, a dispute arose over the estate of a woman, Mildred Amelia Lyons, who died in 2022. Her ...

With weaker governance arrangements, the FCA said firms “lacked sufficient independent challenge, with responsibilities concentrated among a small number of individuals.” Some firms also failed to ...