Ontario court dismisses appeal in Raillery hedge fund case
Plaintiffs not required to post security for costs
- By: James Langton
- August 29, 2012 August 29, 2012
- 16:35
Plaintiffs not required to post security for costs
Public offering of 29 million common shares will fund the acquisition
Growing compliance costs could push smaller players out of the market
Bank continues to deny allegations of disclosure failures
Dealer adds 39 advisors and $900M in assets to Manulife Securities
New deadline of Sept. 10 for determining purchase price of additional 14% stake
Low interest rates, market volatility could hinder future earnings growth
Firms, associations respond to CCIR’s recommended changes to the independent distribution channel
Only 92 firms were profitable in Q2, compared to 116 in Q1
Variable NAV structure less vulnerable to runs, but doesn’t eliminate run-like behaviour
Garey Aitken, Tim Caulfield to co-manage Canadian equity mandate
Deal “significantly expands” Cantor’s capacity to serve Canadian companies
Standalone funds grew in the first half of 2012, while funds of hedge funds contracted
Total revenue rises to $5.59B from $4.3B
Bank to boost dividend by two cents to 72 cents per share
Review reveals that existing LLQP and AMF licensing programs are over 90% similar
Smaller banks may need more time to develop “high-quality stress testing programs”
Butterfield Fulcrum, Maples named top rated service providers in Canada
Liquidity good
Top performers named to President’s List
Under current tax rules, PRPPs should be avoided entirely by many low- to middle-income workers
Full extent of U.S. regulatory action is uncertain
Deal broadens fund dealer’s network of financial advisors to more than 215 associates