IFIC: New chairman to focus on two key priorities
Oliver Murray of Brandes aims to develop and enhance mutual fund proposition and to improve dialogue with regulators
- By: Megan Harman
- September 23, 2008 September 23, 2008
- 14:31
Latest news in Industry News
Scotiabank completes E*Trade Canada acquisition
The buyout significantly increases the bank’s scale in the Canadian online investment market
- By: IE Staff
- September 22, 2008 September 22, 2008
- 15:50
Pacific & Western Bank closes another $43.1 Million of insured residential mortgages
This move brings the bank’s total insured mortgages to $169 million
- By: IE Staff
- September 22, 2008 September 22, 2008
- 15:42
IFIC conference kicks off
The theme of this year’s version of the annual conference focuses on setting a course through turbulent times
- By: Megan Harman
- September 22, 2008 September 22, 2008
- 15:15
Fairfax Financial amasses $2.1-billion gain on credit-default swap
But the company warns that the credit-default swaps are subject to dramatic swings in market value and liquidity
- By: Megan Harman
- September 22, 2008 September 22, 2008
- 13:12
Deal with National Bank Financial gives Wellington West necessary resources
The Winnipeg-based brokerage will now make acquisitions of its own after receiving $35.8 million from National Bank Financial for its purchase of 12.5% of Wellington…
- By: Geoff Kirbyson
- September 22, 2008 September 22, 2008
- 10:12
National Bank Financial acquires stake in Wellington West
The move is part of National Bank Financial’s strategy to invest in wealth-management across Canada
- By: IE Staff
- September 22, 2008 September 22, 2008
- 08:58
Week of dramatic change foreshadows global slowdown in financial services
“Prepare for a round of overregulation,” industry warned
- By: Megan Harman
- September 21, 2008 September 21, 2008
- 14:15
BMO Capital Markets raises $1.7 million for education
BMO Capital Markets announced today it raised $1.7 million on its Equity Through Education charitable trading day.On Sept. 17, commissions earned on all the firm’s…
- By: Megan Harman
- September 19, 2008 September 19, 2008
- 14:37
BMO to redeem preferred shares
Bank of Montreal today announced that on Nov. 25, 2008, it will redeem all of its Non-Cumulative Class B Preferred Shares Series 6. The redemption…
- By: IE Staff
- September 19, 2008 September 19, 2008
- 13:30
National Bank snaps up Retirement Option Group
Acquisition boosts bank’s wealth management presence in Quebec
- By: IE Staff
- September 19, 2008 September 19, 2008
- 09:55
Gluskin Sheff profit drops in fourth quarter
Volatile markets bite into AUM
- By: IE Staff
- September 19, 2008 September 19, 2008
- 09:50
Managed Funds Association takes issue with crack down on short selling
The Managed Funds Association (MFA), the voice of the global alternative investment industry, is criticizing regulators’ efforts to curb short selling as a way to…
- By: James Langton
- September 18, 2008 September 18, 2008
- 15:10
Great-West Lifeco reveals $448 million investment in Lehman, AIG securities
Insurer expects to record charge to Q3 income
- By: IE Staff
- September 18, 2008 September 18, 2008
- 10:30
Lloyds to buy HBOS for US$22 billion
Proposed UK bank merger to enhance stability within financial markets, FSA says
- By: James Langton
- September 18, 2008 September 18, 2008
- 09:15
Lortie and Russell spar over national securities regulator
Industry leaders debate costs and Canada's enforcement record
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 15:15
Sun Life, Kingsway reveal holdings of AIG, Lehman securities
Sun Life Financial Inc. today revealed that its exposure to troubled insurance giant American International Group Inc. is about US$315 million of bonds.The U.S. government…
- By: IE Staff
- September 17, 2008 September 17, 2008
- 14:10
Sell-side firms prime targets for acquisition: report
Demise of stand-alone investment banks will likely lead to sharp decline in use of structured products
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 10:50
Belzberg U.S. dealer unit approved to hold customer accounts
Technology-based brokerage services firm Belzberg Technologies Inc. announced today that its wholly owned U.S. broker-dealer, Electronic Brokerage Systems, LLC, has received final approval from the…
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 09:45
3Macs reaches 150-year milestone
Anniversary celebrated at TSX market open
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 09:35
BMO Capital Markets donates trading commissions to support education
Day’s commissions tagged for Equity Through Education
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 09:25
Risk aversion among fund managers hits new high as recession beckons: Merrill Lynch
6 of 10 expect negative global growth
- By: James Langton
- September 17, 2008 September 17, 2008
- 09:10
Morgan Stanley profit slips in Q3
Core client franchise achieved solid revenue growth, profitability
- By: James Langton
- September 17, 2008 September 17, 2008
- 07:15
Value gap draws activist shareholders to target companies
Corporate turnaround takes time, so investors can’t expect significant returns within a quarter or two
- By: Megan Harman
- September 16, 2008 September 16, 2008
- 15:10
AGF challenges competitors to raise $135,000 for Juvenile Diabetes Research Foundation
2008 Ride for Diabetes Research takes place Sept. 19
- By: IE Staff
- September 16, 2008 September 16, 2008
- 11:40