Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

Manulife Bank’s mortgage portfolio reached $28.7 billion at the end of the second quarter, up 12% from $25.6 billion a year earlier as residential lending continued to drive growth. Mortgage balances increased by $1.1 billion, or 4%, from the first quarter and by $1.5 billion, or nearly 6%, from the end of 2025. Including other…

Bank of America Merrill Lynch will allow advisor trainees in the firm’s development program to join existing advisor teams sooner, one of a series of enhancements Merrill is making to its trainee program. According to Head of Client Service John Towey (who heads the trainee program), the four adjustments were based on feedback from trainees,…

Leading healthcare company AbbVie (ABBV -0.19%) is coming off a strong quarter. Last month, the Illinois-based business posted yet another round of solid quarterly results, putting on display its robust and diversified healthcare operations. That wasn’t, however, enough to give the stock a boost. And although it has risen in value this year, its gains…

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