Knight Capital secures US$400 million lifeline
Capital infusion was undertaken in response to the trading loss it suffered last week
- By: James Langton
- August 7, 2012 August 7, 2012
- 07:10
Latest news in Industry News
AGF launches suit against former fund manager
Firm alleges unlawful “lift-out” of investment managers
- By: IE Staff
- August 6, 2012 August 6, 2012
- 16:00
S&P lowers outlook on NYSE Euronext
Share buyback, dividends questioned
- By: James Langton
- August 3, 2012 August 3, 2012
- 16:00
Knight Capital losses may depress trading volumes: Fitch
Many firms that relied on Knight for part of their trading requirements have already directed their business to other market makers
- By: James Langton
- August 3, 2012 August 3, 2012
- 12:00
Power Financial profit narrows in Q2
Revenue up from year ago
- By: The Canadian Press
- August 3, 2012 August 3, 2012
- 11:30
Knight Capital software glitch leads to US$440 million loss
Glitch affected trading in dozens of NYSE stocks
- By: James Langton
- August 2, 2012 August 2, 2012
- 12:35
BMO expands wealth management capability in China
Bank completes strategic investment in Beijing-based COFCO Trust
- By: IE Staff
- August 2, 2012 August 2, 2012
- 09:45
British group calls for “simple” financial products
Report sets out recommendations on the development and branding of three proposed financial products
- By: IE Staff
- August 2, 2012 August 2, 2012
- 09:20
RBC Insurance pares contracts with MGAs
Other insurers are likely to follow a similar path
- By: Olivia Glauberzon
- August 1, 2012 August 1, 2012
- 11:30
IIAC committee to monitor TMX pricing
Advisory committee launched to review safeguards for pricing and access of trade execution and clearing
- By: Megan Harman
- August 1, 2012 August 1, 2012
- 09:00
Young adults procrastinating on retirement planning: BMO
Majority of young adults recognize the importance of retirement planning, but few have thought about how much they should be saving
- By: Megan Harman
- August 1, 2012 August 1, 2012
- 06:00
U.S. discount brokers under pressure: Fitch
Many investors remain on the sidelines
- By: James Langton
- July 31, 2012 July 31, 2012
- 12:40
Last day for TMX shareholders to accept Maple takeover offer
Integration plans already underway
- By: The Canadian Press
- July 31, 2012 July 31, 2012
- 07:00
Flaherty announces date for the elimination of the penny
Ottawa estimates pulling the one-cent coin from circulation will save $11 million a year
- By: IE Staff
- July 30, 2012 July 30, 2012
- 14:30
MFDA contingency fund secures $20 million in coverage
In the event of a large loss, the MFDA Investor Protection Corp. would cover the first $30 million, and insurance another $20 million
- By: James Langton
- July 27, 2012 July 27, 2012
- 14:15
Consultation period for new rules on bank complaints opens
FCAC working on proposed guide for applicants to become external complaints bodies for the banks
- By: The Canadian Press
- July 27, 2012 July 27, 2012
- 12:15
RBC completes acquisition of global investor services business
RBC Dexia being rebranded RBC Investor Services
- By: IE Staff
- July 27, 2012 July 27, 2012
- 12:00
Alpha proposes changes to dark pool trading
Changes would bring exchange in compliance with new trading rules concerning dark liquidity, which are to take effect October 15
- By: James Langton
- July 27, 2012 July 27, 2012
- 11:10
Canada’s big banks too powerful: report
Hamilton Capital Partners offers three policy changes to foster greater competition
- By: James Langton
- July 27, 2012 July 27, 2012
- 08:40
Madoff trustee seeks up to US$2.4 billion for clients
The distribution motion is another major milestone in the worldwide Madoff recovery effort
- By: James Langton
- July 26, 2012 July 26, 2012
- 13:10
HighView Financial acquires Bull Wealth Management
Jim Bull to join HighView management team
- By: IE Staff
- July 26, 2012 July 26, 2012
- 09:00
Nomura chief quits following insider trading scandal
New management lineup announced
- By: James Langton
- July 26, 2012 July 26, 2012
- 08:00
Fitch: U.S. clearing and settlement designation a plus, says Fitch
The decision by U.S. regulators to designate eight firms a “constructive step”
- By: James Langton
- July 25, 2012 July 25, 2012
- 16:30
Tax: trusts, attribution and treaties
Genuine sales to a trust by its beneficiaries are not subject to the attribution rules
- By: Patricia Chisholm
- July 25, 2012 July 25, 2012
- 15:30
ISS invites policy input
Institutional investor clients, corporate issuers and corporate governance market intermediaries welcome to participate in proxy voting policy survey
- By: James Langton
- July 25, 2012 July 25, 2012
- 12:40