Boutique firms suffering from regulatory burden: IIAC
Stable industry profits mask deep stress on individual firms
- By: James Langton
- March 19, 2013 March 19, 2013
- 09:00
Latest news in Industry News
Citigroup to pay US$730 million to settle class-action suit
Deal with investors subject to court approval
- By: James Langton
- March 19, 2013 March 19, 2013
- 07:30
FAIR Canada opposes equity crowdfunding
Investor advocacy group says proposed exemption will undermine investor protection and confidence in markets
- By: James Langton
- March 18, 2013 March 18, 2013
- 14:00
HSBC unit to sell private label credit card portfolio
Agreement with TD accelerates the wind down of HSBC’s Canadian consumer finance business
- By: IE Staff
- March 18, 2013 March 18, 2013
- 12:30
Questrade introduces the lowest commission rate in Canada
95¢ commission is available to any client registered in the Questrade Advantage program
- By: IE Staff
- March 18, 2013 March 18, 2013
- 09:20
Moody’s launches quarterly Canadian ABCP review
Rating agency introduces web page for structured finance
- By: James Langton
- March 18, 2013 March 18, 2013
- 09:15
Desjardins unveils group retirement mobile site
Participants with smartphones able to connect anytime, anywhere
- By: IE Staff
- March 18, 2013 March 18, 2013
- 09:10
CFA Institute publishes statement of investor rights
New principles are part of an initiative that aims to restore confidence in the financial industry
- By: James Langton
- March 18, 2013 March 18, 2013
- 08:40
Multiple banking arbitration services challenge consumers
PIAC marks World Consumer Rights Day
- By: James Langton
- March 15, 2013 March 15, 2013
- 15:35
CRA revokes charitable registration
Agency says Toronto-based Marketplace Ministries International promoted tax shelter scheme
- By: James Langton
- March 15, 2013 March 15, 2013
- 15:30
BMO CEO sees pay fall in 2012
Compensation drops to $9.2 million as bank misses growth targets
- By: The Canadian Press
- March 15, 2013 March 15, 2013
- 14:40
Fed rejects banks’ capital plans
Ally Financial and BB&T can only make capital distributions with Fed approval
- By: James Langton
- March 15, 2013 March 15, 2013
- 05:00
Court grants motion in lengthy Wood Gundy lawsuit
Previous lawyers ordered to provide evidence about why the case has dragged on
- By: James Langton
- March 14, 2013 March 14, 2013
- 16:05
DFS income slips in fourth quarter
Assets under management and administration grow to $34.4 billion
- March 14, 2013 March 14, 2013
- 09:40
Canadian insurers need to do more to attract younger clients: study
Insurance providers have to change the products that they’re selling, stop offering long-term products
- By: The Canadian Press
- March 14, 2013 March 14, 2013
- 08:30
Texas jury renders US$21.6 million verdict against RBC
RBC Capital markets refused to settle Highland Capital trades
- By: James Langton
- March 13, 2013 March 13, 2013
- 16:45
Fidelity, BlackRock announce ETF alliance
U.S. partnership creates ETF manufacturing and distribution powerhouse
- By: James Langton
- March 13, 2013 March 13, 2013
- 16:40
Power Financial Q4 profit drops
Earnings come in below analyst estimates
- By: The Canadian Press
- March 13, 2013 March 13, 2013
- 15:30
Bre-X trustee drops fraud lawsuit
With no reasonable prospects for meaningful recovery, court dismisses suit brought by Deloitte
- By: James Langton
- March 13, 2013 March 13, 2013
- 10:50
UK simple financial products initiative takes next step
Report sets out recommendations for simpler bank accounts, life insurance
- By: James Langton
- March 13, 2013 March 13, 2013
- 08:50
UK watchdog calls for new set of professional standards for bankers
FSCP says there’s a need for straightforward products that consumers can trust
- By: James Langton
- March 12, 2013 March 12, 2013
- 17:00
U.S. DTCC moving forward on “dematerialization”
Proposed changes to securities processing designed to help eliminate securities certificates
- By: James Langton
- March 12, 2013 March 12, 2013
- 16:10
Women missing out on investment opportunities
Deutsche Bank Research finds women are less likely than men to invest in financial products
- By: James Langton
- March 12, 2013 March 12, 2013
- 09:30
Advisors increase assets, revenues in 2012
Challenges remain in pricing and equity trading volumes
- By: James Langton
- March 12, 2013 March 12, 2013
- 08:30
SIFMA issues compliance white paper
Industry association calls on regulators, compliance personnel and senior management to work together
- By: James Langton
- March 11, 2013 March 11, 2013
- 15:40