Canaccord Genuity makes key changes to management team
New president and CEO Dan Daviau has brought on industry veteran Pat Burke and promoted several others, including Stuart Raftus
- By: IE Staff
- October 1, 2015 October 1, 2015
- 09:30
Latest news in Industry News
Testamentary trusts will still be useful despite impending tax changes
Even though testamentary trusts will be taxed at the top tax rate next year, there are ways to use them effectively for clients, according to…
- By: Tessie Sanci
- October 1, 2015 October 1, 2015
- 08:20
CPPIB to invest $1B for energy infrastructure in Western Canada
Acquisitions will be identified and evaluated by Calgary-based Wolf Infrastructure
- By: The Canadian Press
- September 30, 2015 September 30, 2015
- 10:50
AGF reports rise in retail mutual fund sales
But net income in Q3 2015 was down by almost 20% to $14.8 million
- By: IE Staff
- September 30, 2015 September 30, 2015
- 10:30
RBC, TD join global banks in using Bitcoin technology
Project aims to develop commercial applications for distributed ledger technology in the global financial services industry
- By: James Langton
- September 30, 2015 September 30, 2015
- 09:00
Appeals court says SEC has authority to bring fraud cases in house
Case responds to hedge fund manager who argued the U.S. regulator’s internal process infringed on his constitutional rights
- By: The Associated Press
- September 29, 2015 September 29, 2015
- 12:45
Banking clients want more personalized services and wealth advice
Failure to deliver on changing consumer expectations could see banks lose business to new, innovative financial service firms, survey suggests
- By: Rudy Mezzetta
- September 29, 2015 September 29, 2015
- 12:00
CIBC to set targets for gender diversity
OSC roundtable reviewing the representation of women on corporate boards and in executive officer positions
- By: Alexandra Posadzki
- September 29, 2015 September 29, 2015
- 10:30
Alberta court dismisses lawsuit against insurance brokerage employee
Transamerica Life had alleged that the employee should have reported an alleged scheme to generate improper commissions.
- By: James Langton
- September 29, 2015 September 29, 2015
- 09:20
Investment industry’s outlook remains positive despite major challenges
Market volatility and rising regulatory burdens are taking their toll, but certain segments of the industry are adapting to thrive
- By: James Langton
- September 29, 2015 September 29, 2015
- 09:10
Canadian advisors expect double-digit growth in the year ahead
Advisors see market performance and volatility as well as the emerging threat of robo-advisors as obstacles to their growth
- By: James Langton
- September 29, 2015 September 29, 2015
- 05:00
New ITG report explores EU’s unbundling of trading commissions and investment research
The impact of unbundling will differ based on the size of the firm and the markets in which it operates, new ITG report finds
- By: James Langton
- September 28, 2015 September 28, 2015
- 14:45
ISS releases results of annual proxy survey
ISS will publish draft policies for public comment on Oct. 26 and release its final policies for the 2016 proxy season in mid-November
- By: James Langton
- September 28, 2015 September 28, 2015
- 14:30
U.S., Chinese exchanges sign deal
CME Group and CFETS will commit to the joint development and innovation of offshore Chinese yen-denominated products
- By: James Langton
- September 25, 2015 September 25, 2015
- 13:50
Former CFTC commissioner joins board of a derivatives trading firm
LedgerX is seeking approval from authorities to trade and clear options on the Bitcoin virtual currency
- By: James Langton
- September 25, 2015 September 25, 2015
- 13:45
MSCI to report carbon footprint of global equity indices
U.S. index provider has seen a surge in demand for data and indices that incorporate environmental, social and governance factors
- By: James Langton
- September 25, 2015 September 25, 2015
- 12:05
Canadians’ pessimism in domestic economy not reflected in their portfolios
Although more than four-fifths of Canadians see slow growth in the year ahead, almost than half of their investment portfolios are in Canadian assets
- By: Tessie Sanci
- September 25, 2015 September 25, 2015
- 11:10
Engage with women clients to capture greater share of intergenerational wealth transfer
Female advisors, especially, are in a unique position to capture business from this demographic as 80% of women leave their advisor when their spouse passes…
- By: Megan Harman
- September 25, 2015 September 25, 2015
- 10:30
Maritime regulators to hold meeting on new equity crowdfunding rules
The session will examine the startup exemption that aims to help small businesses raise capital from Internet funding portals
- By: James Langton
- September 25, 2015 September 25, 2015
- 09:00
ESMA reappoints top two execs to new five-year terms
The decision to extend Maijoor’s and Ross’s contracts was based on an evaluation of their work and the organization’s ongoing needs
- By: James Langton
- September 25, 2015 September 25, 2015
- 08:45
New robo-advisor set to launch in late October
ModernAdvisor will aim to identify and track clients’ financial goals, alert them if they are falling short and make recommendations to get back on track
- By: Fiona Collie
- September 24, 2015 September 24, 2015
- 15:45
Consumers winning more cases: life insurance ombudservice
OLHI also finds increased website usage and has plans to improve its public communications
- By: Tessie Sanci
- September 23, 2015 September 23, 2015
- 14:25
BlackRock to issue PFIC statements for 2015 tax year
Firm recommends that affected investors work with advisor and a U.S. tax professional
- By: Megan Harman
- September 23, 2015 September 23, 2015
- 10:50
PMAC recommends the CFP should be the defining standard for “financial planners”
The regulatory framework for overseeing financial planners should be developed joined by regulators, SROs and the FPSC, according to PMAC
- By: James Langton
- September 22, 2015 September 22, 2015
- 12:40
Desjardins to increase responsiveness to clients’ greater use of technology
The firm also agreed to implement measures to help Desjardins become more efficient while remaining true to its co-operative values
- By: Tessie Sanci
- September 22, 2015 September 22, 2015
- 11:40