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PWF 34.73 +0.20 (0.58%)
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Robo-adviser Wealthsimple gets $50-million boost from Power Financial
Investment behemoth Power Financial Corp. is boosting its financial commitment in the fintech space with an additional $50-million investment in robo-adviser Wealthsimple Financial.
Power Financial invests C$50 million in 'robo-adviser' Wealthsimple  Reuters
Wealthsimple raises $50M in new funding; announces $1B in assets under ...  Canada NewsWire (press release)
Power Financial Reports Third Quarter and Nine-Month Financial Results and ...
Adjusted net earnings attributable to common shareholders (a non-IFRS financial measure) were $1,588 million or $2.22 per share, compared with $1,589 million or $2.23 per share in 2016.
Power Financial - Issue of Preferred Shares
All figures are in Canadian dollars. Readers are referred to the "Forward-Looking Statements" at the end of this release.
Henri-Paul Rousseau retiring from Power Corp.
Montreal-based Power Corp. of Canada announced Friday that Henri-Paul Rousseau has decided to retire as of Jan. 1, 2018. Rousseau has served as vice chairman of the board of both Power Corp.
Power puzzle
Power soon got much bigger. In 2001, the Desmaraises beat out CI Investments to buy mutual fund manager Mackenzie Financial Corp. for $4.2-billion, which they then folded into IGM, along with Investors Group. The family also pushed further into the ...
Power Corp. subsidiary launching new credit capital fund
Sagard Holdings, a subsidiary of Power Corp., has US$260 million in commitments for a new fund that will provide credit capital to mid-market companies in Canada and the United States.
Power Corp.'s Sagard Holdings launches private-debt fund  The Globe and Mail
Have Investors Already Priced In Power Financial Corporation's (TSE:PWF) Growth?
Power Financial Corporation (TSX:PWF) had a relatively subdued couple of weeks in terms of changes in share price, which continued to float around the range of CA$34.23 to CA$37.
Andre Desmarais back at Power Corp.
Montreal-based Power Corp. of Canada says Andre Desmarais has resumed his full executive duties at the company. Desmarais, deputy chairman, president and co-chief executive of Power Corp.
Andre Desmarais back at Power Corp. after medical leave last year  Financial Post
Andr� Desmarais Resumes Full Executive Duties  Markets Insider
One Thing To Consider Before Buying Power Finance Corporation Limited (NSE:PFC)
If you are a shareholder in Power Finance Corporation Limited's (NSEI:PFC), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important.
TD adds to tech capabilities with $100-million deal for AI firm Layer 6
For TD, the deal is a chance to add depth to its technological capabilities at a time when major banks face new threats from upstart financial-technology firms and the unknown impact that the adoption of cryptocurrencies such as bitcoin may have. Banks ...