Bank towers are shown from Bay Street in Toronto's financial district.Adrien Veczan/The Canadian Press
Home Capital settles with OSC, will pay $10-million penalty
Home Capital Group Inc. has reached agreements to settle an enforcement case with Ontario's securities regulator as well as a class action lawsuit launched over allegations of misleading disclosure. Story (Andrew Willis, James Bradshaw and Niall McGee)
PSP aims to boost collaboration as CEO warns of investor complacency
A seemingly unending tide of unexpected election results and geopolitical turmoil have started to feel like the new normal for investors, and that's yet another thing for André Bourbonnais to worry about. Story (Jacqueline Nelson)
This is the daily Streetwise newsletter with headlines chosen by Globe financial services editor Rita Trichur. If you're reading this on the Web or someone forwarded this e-mail newsletter to you, you can sign up for the Streetwise newsletter and all Globe newsletters here.
DAILY DEALS
Vitamin maker Jamieson Wellness Inc. is seeking to raise $300-million this summer by selling shares to the public on the Toronto Stock Exchange, joining a handful of Canadian consumer companies that have debuted this year after a dry 2016. Story (Christina Pellegrini)
Freeport-McMoRan Inc, the world's biggest publicly traded copper miner, and China Molybdenum Co Ltd have agreed to terminate discussions on CMOC's acquisition of Freeport's cobalt assets, Freeport said on Wednesday. Story (Reuters)
ELSEWHERE IN FINANCE
Goldman Sachs set out to automate IPOs and it has come far, really fast. Just 21 months after the firm disclosed its plan to re-engineer one of Wall Street's most lucrative businesses, the project has found ways to eliminate thousands of hours of work long performed by humans. Story (Bloomberg)
A divide between Saudi Arabia's ruling family and executives of the kingdom's oil company over where to list the company's shares is slowing the march toward a planned 2018 initial public offering, according to people familiar with the matter. Story (WSJ, subscription required)
In trying to clean up its own act, Uber Technologies Inc. -- the ride-hailing startup whose boys-run-amok corporate culture forced an internal probe over sexual misconduct and gender discrimination -- has inadvertently shown a light on another male-dominated corner of the corporate world: private equity. Story (Bloomberg)