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Apple eases App Store rules to allow for outside links to paid subscriptions - CBC.ca + MORE Sep 2nd
Apple eases App Store rules to allow for outside links to paid subscriptions CBC.caApple to allow 'reader' apps like Netflix to offer account setup and management links in-app MobileSyrupApple plans to loosen App Store payment policy Japan TodayApple offers small con.... More »
June home sales fall 6.7%; Toronto sees third monthly decline + MORE Jul 17th
Canadian Real Estate Association says June drop from month earlier levels was biggest since 2010
.... More »
Buying ETFs in Canada Tool: The MoneySense ETF Screener + MORE Nov 10th
If you’re researching ETFs to buy, you’ve come to the right place. Below you will see the tables for different ETF categories, offering ETF options from some of the best ETF providers in Canada. We’ve included some helpful ETF asset class, geography, provider, tickers, as well as one-year retu.... More »
Taylor Swift Invests in Discounted Closed End Funds. Should You? May 18th
Taylor Swift is often called one of the savviest businesspeople in the music industry. And, in another demonstration of her money smarts, it was recently revealed that the 33-year-old pop superstar invests in a niche, elite investor-approved type of mutual fund.
Last weekend, Boaz Weinstein.... More »
TSX poised to eke out gains in 2018, despite uncertainty over NAFTA and oil + MORE Jan 1st
While stabilizing oil prices helped Canadian equities break out of their doldrums in the second half of 2017, investors expecting the Toronto Stock Exchange to catch up with its outperforming global peers in the new year should instead anticipate more modest returns with the add-on o.... More »
Caisse to buy stake in Bombardier rail business for $1.5-billion
– theglobeandmail.com
Move aimed at bolstering the manufacturer’s financial stability
Before the Bell: Stocks rally, rest of 2015 looks promising
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
Former chiefs of collapsed UK bank HBOS could face ban after damning report
– canadianbusiness.com
LONDON – A report into what caused the 2008 collapse of British bank HBOS said Thursday that the firm’s former bosses were “ultimately responsible” for its failure, and recommended that regulators ban them from working in financial services.
The report also blamed a past regulator for failing to investigate bank leaders properly.
Only one former HBOS executive has so far been formally investigated. Peter Cummings, the former head of corporate banking, was fined 500,000 pounds ($763,000) and banned from working in senior banking positions.
HBOS, formed from the merger of Halifax and Bank of Scotland in 2001, expanded too rapidly before the financial crisis struck and collapsed in 2008. It was taken over by the Lloyds Banking Group and required billions of pounds in a bailout funded by taxpayers.
Current regulators — the Financial Conduct Authority and Prudential Regulation Authority — said they will now review whether to take any enforcement action against three of the bank’s former leaders…
The report also blamed a past regulator for failing to investigate bank leaders properly.
Only one former HBOS executive has so far been formally investigated. Peter Cummings, the former head of corporate banking, was fined 500,000 pounds ($763,000) and banned from working in senior banking positions.
HBOS, formed from the merger of Halifax and Bank of Scotland in 2001, expanded too rapidly before the financial crisis struck and collapsed in 2008. It was taken over by the Lloyds Banking Group and required billions of pounds in a bailout funded by taxpayers.
Current regulators — the Financial Conduct Authority and Prudential Regulation Authority — said they will now review whether to take any enforcement action against three of the bank’s former leaders…
