Skip to main content

Here are the top reads on deals and financial services over the last 24 hours,

FINANCIAL SERVICES NEWS

BlackRock’s eco-investing strategy is not a moral awakening: Larry Fink, arguably the world’s most powerful investor, has just delivered his annual letter to chief executives. This year, the chairman of giant money manager BlackRock Inc. used his institutional pulpit to thunder about the mounting dangers of climate change and preach the virtues of sustainable investing. It is all good, praiseworthy stuff from a company with nearly US$7-trillion in assets under management. Just don’t assume it means a major shift in policy. (Ian McGugan)

Story continues below advertisement

CIBC’s push to speed up Canadian mortgage growth set to face hurdles: Canadian Imperial Bank of Commerce’s efforts to speed up mortgage growth after a pullback two years ago is expected to face hurdles as bigger rivals maintain their hold on the market and record-high debt levels weigh on borrowers, analysts and investors said. (Reuters)

U.S. bank executives offer cautious optimism heading into 2020: Despite trade wars, low interest rates and new geopolitical tensions, big U.S. banks have not experienced major disruption to their core businesses, and top executives are hopeful they can generate growth this year. (Reuters)

DEALS NEWS: MERGERS, ACQUISITIONS, IPOs and FINANCINGS

Aecom shares surge amid possible deal with Canadian rival WSP Global: Shares in U.S. engineering giant Aecom surged nearly 6 per cent in trading on Tuesday amid speculation about a possible merger with WSP Global Inc. in what would be the Canadian firm’s biggest-ever deal. (Nicolas van Praet)

The Streetwise newsletter is Monday to Friday. If you’re reading this on the web, or if someone forwarded this e-mail to you, you can sign up for Streetwise and all Globe newsletters on our signup page.

Report an error Editorial code of conduct
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter
To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies