BMO InvestorLine introduces adviceDirect
Online brokerage to offer advice
- By: IE Staff
- September 10, 2012 September 10, 2012
- 09:00
Online brokerage to offer advice
Sale would reduce U.S. government’s stake in insurance giant to 20%
Winnipeg office will continue to operate with the same staff under new ownership
Rating agency cites concerns over insurer’s weak profitability, earnings volatility
Assets in ETFs, ETNs up 15.5% year-to-date to US$1.7 trillion
Institutional commissions in Europe down by 25% since 2009, Greenwich reports
Gary Ostoich elected to another two-year term as chairman
Committee to advise regulator’s staff on potential new prospectus exemptions
BMO report shows that bond ETFs continue to dominate growth
OSFI outlines anticipated reforms to corporate governance, capital requirements
CIBC CEO expects continued upward pressure on capital requirements for banks
Deal beefs up Financial Horizons’ presence in Western Canada
$530-million transaction brings Intact’s market share to 17%
Legacy issues from financial crisis will take years to resolve: Moody’s
For every dollar clients invest, bank will donate 1/8% to Big Brothers Big Sisters
Kotak Mahindra Bank branches will offer Scotiabank StartRight Program for Newcomers
CRA sends out warning letters reminding Canadians of contribution rules
Fragmented process doesn’t serve Canadians well, Consumers Council argues
Recent acquisitions already showing benefits
Dividend to remain at 79 cents per share
Analysts not convinced the strong results will continue next year
Study shows investors want disclosure about their advisor as well as about products