U.S. Citigroup Inc. is selling its Japanese securities business, Nikko Cordial Securities Inc., to Sumitomo Mitsui Banking Corp. in a deal worth US$7.9 billion.Citi announced…
Proposed changes respond to concerns that Canadian banks should not be disadvantaged
Investment losses overshadow increased underwriting profit
Governments to receive a combined 2% stake in restructured automaker
Fifield appointed CFO
Gravel to oversee equity markets division
Trust hoping to obtain bank charter for Canadian Home Income Plan
Calgary-based independent brokerage Rogers Insurance Ltd. has launched a new look that includes a new logo and tagline. The 33 year-old firm offers P&C coverage…
Renewable energy sector sees strong growth
Investment and RRSP loan programs to be distributed through advisors
HSBC Bank Canada, its subsidiaries and affiliates have published their seventh annual Public Accountability Statement. “As part of ‘The world’s local bank’, HSBC Bank Canada…
73% say advisors do a good job
Damage was much less severe than Q4
More than 100 applications have been received from potential fund managers interested in participating in the U.S. government’s plan to purchase toxic assets from troubled…
No conflict of interest with vice chairman
TD Asset Management has adopted a Sustainable Investing Policy across its operations in Canada and the United States, the investment management announced Wednesday.“Sometime ago we…
Revenues climb 21% despite difficult market conditions
Narrow market makes it difficult for large cap active managers
Program partners complete reviews
Report highlights Canada’s stable equity market and a sound economic policy
Differences between private company GAAP and IFRS may present challenges in accessing equity and debt financing
Teralys Capital to fund private venture capital funds
AGF retail and private client units to share one banner
Second rating satisfies client demand
Despite the financial crisis, Quebec City-based financial institution SSQ Financial Group recorded a net income of $25.8 million for 2008, providing an 11.3% return on…