Derek Decloet

RBC Says Rally Makes Stocks Vulnerable With U.S. Recession Still Likely


The bank's fund management arm still sees a 70% likelihood of a downturn.

Franklin Templeton To Buy Putnam As Desmarais Family Exits

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Traditional fund managers face pressure to consolidate and tap new markets.

TD To Spend Years On Sidelines Of U.S. Bank Deals, Barclays Says


The Canadian bank pulled out of a planned $13.4 billion deal for Memphis-based First Horizon on May 4.

Biden-Trudeau Climate Plan May Target Polluting Trade Rivals

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The U.S. and Canada might penalize countries with carbon taxes.