Research finds that when the financial sector represents more than 3.5% of total employment, further increases in financial sector size tend to be detrimental to…
Distinction recognizes those who have made exceptional contributions towards advancing the financial planning profession
Women and younger adults are the most worried about rising interest rates
Progress is slow, but moving toward more consistent rules across every region
State Street Corp. is buying Goldman Sachs’ hedge fund administration business for US$550 million in cash. The deal should be finalized early in the fourth…
Line Deslandes will oversee all legal and compliance matters
Rules aim to better protect client funds held by brokers
The Federal Reserve Bank of New York said Friday that it received reports of problems with the setting of the London Interbank Offered Rate (Libor)…
Firm to restate its first quarter results
David Kaufman, president of exempt market dealer Westcourt Capital Corp., says regulators and dealers must work together to identify dealers who are not playing by…
With few exit opportunities in the current market environment, private equity firms have been extracting more dividends from the companies they control, says Moody’s Investors…
As they face a prolonged low interest rate environment, U.S. banks are likely going to undergo more balance sheet restructuring in the months ahead, says…
Foresters and its subsidiaries receive ‘Excellent’ ratings
Winnipeg-based Richardson & Sons, Ltd. (JRSL) said Tuesday that it has acquired 1,338,400 common shares of Toronto-based GMP Capital Inc. since Dec. 2, 2011. JRSL,…
When misconduct is common and accepted by financial services professionals, the integrity of the entire financial system is at risk
International Council of Securities Associations names Ian Russell as new chairman of the standing committee on regulatory affairs
FAIR Canada says the proposals fall short on being “pro-consumer”
Proposal to “dematerialize” financial markets would help reduce costs and risk, U.S. clearing firm says
Banking products such as loans and deposits represent a large part of new bank’s portfolio
IFIC stresses domestic regulation of money market funds in submission to IOSCO
Probe follows LIBOR scandal
Fitch says it’s premature to speculate about any change in strategic direction by new senior executives
Credit Union Central of Canada supports the availability of federal incorporation for credit unions