Clark to stay as TD chief until 2013
CEO waives right to severance pay
- By: IE Staff
- February 27, 2009 February 27, 2009
- 11:06
Latest news in Industry News
Mark-to-market accounting leads to distortions during financial crisis: report
Banks and insurers should use market prices in most circumstances
- By: IE Staff
- February 27, 2009 February 27, 2009
- 10:45
RBC closes Mourant Private Wealth deal
Channel Islands trust business adds more than $6.25 billion in AUM
- By: IE Staff
- February 27, 2009 February 27, 2009
- 10:35
U.S. government may raise Citigroup stake to 36%
Citi to exchange preferred securities for common shares
- By: James Langton
- February 27, 2009 February 27, 2009
- 10:13
Meritas successfully brings ‘Say on Pay’ to Canada
Several of Canada’s banks have indicated their intention to provide investors with an advisory vote on executive compensation, Meritas Mutual Funds announced Thursday.Such votes have…
- By: IE Staff
- February 26, 2009 February 26, 2009
- 17:45
RBC announces amendments to dividend reinvestment plan
Shares to be issued at 3% discount from average market price
- By: IE Staff
- February 26, 2009 February 26, 2009
- 12:10
National Bank CEO to donate $1 million of ABCP investment to charity
The board of directors of National Bank and Louis Vachon, the bank’s president and CEO, have come to an agreement on how Vachon should dispose…
- By: IE Staff
- February 26, 2009 February 26, 2009
- 11:25
National Bank profit falls 73% in Q1
Bank to give shareholders a say on executive compensation
- By: IE Staff
- February 26, 2009 February 26, 2009
- 11:02
Canadian best practices take centre stage at financial conference in China
Professional financial education system fundamental to healthy marketplace, Wilton says
- By: IE Staff
- February 26, 2009 February 26, 2009
- 08:11
Caisse executives to appear in front of Quebec parliamentary committee
Finance minister says it's important for Quebecers to know what happened with the Caisse’s ABCP holdings
- By: James Langton
- February 25, 2009 February 25, 2009
- 15:52
TD Bank to issue preferred shares
The bank intends to raise gross proceeds of $200 million with the issue
- By: IE Staff
- February 25, 2009 February 25, 2009
- 13:26
TD Bank’s Q1 profit falls 27%, but revenue rises 15%
The bank plans to add 80 new advisors in Canada this year, CEO says
- By: IE Staff
- February 25, 2009 February 25, 2009
- 11:17
The cost of foreign-exchange risk hedging and its significant ABCP holdings were the main culprits in the Caisse’s massive loss
- By: IE Staff
- February 25, 2009 February 25, 2009
- 11:16
Give pension funds greater voice: report
C.D. Howe Institute study suggests scrapping the 30% limit on voting-equity stakes for pension funds
- By: IE Staff
- February 25, 2009 February 25, 2009
- 10:15
CI reports lower quarterly and annual profits
Net income falls a drastic 72% in Q4, 29% for 2008 as a whole
- By: Megan Harman
- February 24, 2009 February 24, 2009
- 16:00
Creststreet selects RBC Dexia as investor services provider
Benefits to Creststreet include quality, reliability and service in the alternative arena
- By: IE Staff
- February 24, 2009 February 24, 2009
- 09:08
JPMorgan Chase cuts dividend by 87%
But bank’s Q1 financial permformance to date is “solidly profitable”
- By: James Langton
- February 23, 2009 February 23, 2009
- 17:09
ING Canada, insurance subsidiary to be rebranded
ING Canada and ING Insurance to become Intact Financial and Intact Insurance, respectively
- By: IE Staff
- February 23, 2009 February 23, 2009
- 14:44
EGI reports a net loss for Q4, lower net income in 2008
But net operating income increased 35% in Q4 despite the difficult market conditions
- By: IE Staff
- February 23, 2009 February 23, 2009
- 12:28
Fairfax records best year in its history
Despite a hit to underwriting results, investment income carried the firm to almost $1.5 billion in net earnings
- By: IE Staff
- February 22, 2009 February 22, 2009
- 13:03