Financial services

London Stock Exchange selling Borsa Italiana to Euronext for $5-billion

Morgan Stanley acquiring asset manager Eaton Vance for $7-billion

Founders of crypto exchange BitMEX step back from executive roles after U.S. lays criminal charges

Tokyo Stock Exchange establishes committee to investigate last week’s trading outage

Power Play: Wealthsimple in talks for $100-million-plus financing with U.S. venture capitalists

Financial services bodies make move to remote and computer-based testing

IGM chief executive Jeff Carney steps down after Alzheimer’s diagnosis

Loblaw moves back into banking three years after cutting ties with CIBC

Fortress to pay $250,000 to settle with Ontario mortgage regulator

Rona Ambrose joining TD Securities full-time as deputy chair, sources say

Canada’s bank regulator rolls back initiatives that eased mortgage payments

Mastercard beats profit estimates as lower costs cushion blow to consumer spending

American Express profit tumbles 85% as pandemic-related defaults loom

Canaccord lands new brokers as it looks past the pandemic

Mortgage refinancing on the rise in U.S. with interest rates at historic lows

National Bank takes bigger stake in robo-adviser Nest Wealth

Sagicor Financial calls off deal with Scotiabank in Trinidad and Tobago

Great-West unit buying U.S. investment manager Personal Capital

U.K. market watchdog maintains restrictions on Wirecard, leaving thousands locked out of accounts

Philippines promises ‘thorough’ probe of Wirecard’s connections to three local payment companies

‘The money’s gone’: Wirecard files for insolvency, owing creditors nearly $4-billion

Wirecard accounting scandal under investigation in Philippines, while former CEO posts bail

Canada’s banking regulator keeps banks’ capital buffer unchanged, warns vulnerabilities still ‘elevated'

Former Wirecard CEO arrested, accused of falsifying revenue

Laurentian Bank CEO François Desjardins to exit at end of June

Bankers wonder if virtual roadshows are here to stay

Charles Schwab deal for TD Ameritrade gets U.S. antitrust approval

U.K. watchdog examining whether financial firms are nearing collapse in pandemic

TD and CIBC cap three days of dismal forecasts of economic impact of COVID-19

CIBC profit drops 70% on higher provisions as COVID-19 loan losses loom

Bank of Montreal profit slumps more than 50% as credit losses loom