Assumption Life continues strong growth
Earnings, net income and policyholder equity all increased in 2008
- By: IE Staff
- February 22, 2009 February 22, 2009
- 12:22
Earnings, net income and policyholder equity all increased in 2008
Net income for 2008 declined by almost 60%
Disappointing results for 2008 reflect the impact of legacy operational problems
Popularity of SRI has increased as responsible corporate behaviour has become increasingly mainstream
Ed Clark’s voluntary forfeiture of $3 million will be donated by TD Bank to charity
Western Canadians are the most bullish, with those in Ontario close behind
Bank wants to play a greater role in a province that’s “going places”
Deal could result in the U.S. Department of Justice if the Swiss bank meets all its obligations
The deal enlarges RiskMetrics’ footprint in the ESG research space
An impairment charge and a future tax asset valuation resulted in a reduction of earnings
Mavrix Explore 2009-I FT LP to invest in junior resource companies
Institutional investor hopes are higher than at any point since start of credit crunch
Sales in positive territory for the first time since August 2008
Aim is to make UK division be the gateway to Europe for online brokerage services
Number of deals drops by 10%
Los Angeles office better serves clients in Canada, U.S. and Asia
Strong growth in all core lines of business
Assets under management hit by volatile markets
Fair value accounting is not working effectively
New regulatory actions should be crafted to avoid adverse impacts on other countries
Efforts to remove or isolate toxic assets must be stepped up
Fund company releases sustainable investing annual report
Operating results “very encouraging”, insurer says
CIBC Mellon has been appointed custodian in the $32 billion restructuring of the non-Canadian, non-bank sponsored asset-backed commercial paper (ABCP) market, the company said Thursday.“CIBC…