Scotia Capital forms strategic alliance with NYFIX
Partnership to deliver a Indications of Interest service to Canadian equities market
- By: IE Staff
- August 12, 2009 August 12, 2009
- 11:14
Partnership to deliver a Indications of Interest service to Canadian equities market
Notes to pay 7.5% per year
Direct written premiums up 2.8% in Q2
Tremblay to oversee newly streamlined real estate group
NACB received award for counterfeit deterrence
Net sales soar 272%
Deals marked by significantly lower transaction size
Foreign investment down sharply
Scotiabank, Scotia Capital named best corporate Internet bank in Canada
GWL’s and IGM’s lower contributions lead to a decrease in operating earnings for the parent company
Long-awaited Kerry decision affirms rights of companies to revise pension plans
Challenges facing pension system must be addressed on national basis, group says
FAIR Canada has called for increased disclosure requirements on these products in Canada
New CEO says the firm’s business transformation is well on track
As a bank, Xceed would have more flexibility to offer other financial products besides mortgages
The firm realized lower investment-management fee income as a result of the lowered market value of assets invested in its funds
Historically low mortgage rates and the resilience of the Canadian housing market helped the firm boost profits and increase asset growth
CEO suggests that tight credit conditions and other external factors would continue to influence Sun Life’s results in the third quarter
A reduction of the dividend by 50% is intended to boost the company’s capital levels
Firm hopes to add a fixed-income component to its offerings and it is exploring new products in its line of gold investment vehicles
Citizens Bank borrowers will see their mortgages and loans transferred to TD Canada Trust by early 2010
Almost half of Canadian firms are in favour of establishing a government entity to regulate systemic risks
Increase achieved through a combination of margin improvement measures, improved productivity, diligent risk management and attractive securitization volumes and spreads
Revenue rose, but net income fell as a result of adjustments in converting back to a corporation
But preliminary data reveal that investors are drifting out of money market funds and back into long-term funds