Julius Baer to buy Merrill Lynch non U.S. wealth business
Deal will see private Swiss bank acquire US$48 billion AUM and 500+ financial advisors
- By: James Langton
- August 13, 2012 August 13, 2012
- 09:00
Latest news in Industry News
Ban of short selling “did little” to stabilize markets
Report says restrictions during the financial crisis lowered market liquidity and increase trading costs
- By: James Langton
- August 10, 2012 August 10, 2012
- 14:00
Honesty, knowledge the top qualities Canadians seek in advisors: survey
Investors are more interested in meaningful communication than beating the market
- By: Megan Harman
- August 10, 2012 August 10, 2012
- 10:15
Scotia iTRADE new top online discount brokerage: Surviscor
Newly designed website that raises the bar for the whole industry
- By: Megan Harman
- August 9, 2012 August 9, 2012
- 11:15
Sprott profit down 90% in second quarter
Disappointing investment results; lower commission revenues
- By: IE Staff
- August 9, 2012 August 9, 2012
- 09:50
Women motivated to invest by life events: poll
Men are driven by measuring progress
- By: IE Staff
- August 9, 2012 August 9, 2012
- 09:10
Accretive 360 sells Elite Advisor Program
Industry veterans Hartman and Reimer launch new practice management platform to support advisors
- By: Megan Harman
- August 8, 2012 August 8, 2012
- 15:00
Asset managers to benefit from European bank deleveraging: Moody’s
Growth opportunity for asset managers has emerged as European banks seek to reduce assets
- By: James Langton
- August 8, 2012 August 8, 2012
- 11:50
Vanguard joins Canadian ETF Association
Equity Financial Trust joins as affiliate member
- By: Megan Harman
- August 8, 2012 August 8, 2012
- 10:00
Rebuilding investor trust critical for asset managers: report
Firms should ensure that their investment management systems encompass transparency at all levels
- By: James Langton
- August 8, 2012 August 8, 2012
- 09:10
IAM reports Q3 loss
Ex HOOPP CEO joins board of directors
- By: IE Staff
- August 8, 2012 August 8, 2012
- 09:00
Parents with sick children get extra support from EI
Starting next year parents can apply for up to 35 weeks of benefits, up from the current six weeks
- By: Dene Moore
- August 7, 2012 August 7, 2012
- 19:30
Standard Chartered rating unchanged for now: Moody’s
The scale of any potential fines for alleged dealings with Iran remains unknown
- By: James Langton
- August 7, 2012 August 7, 2012
- 17:30
PI Financial to acquire Union Securities accounts
60 advisors to join Vancouver firm
- By: IE Staff
- August 7, 2012 August 7, 2012
- 12:50
FPSC pleased with June exam pass rates
New CFP certification process offers candidates a better opportunity to build their competence
- By: IE Staff
- August 7, 2012 August 7, 2012
- 10:00
Standard Chartered rejects allegations of unlawful dealings with Iran
U.S. regulators allege bank schemed to hide transactions from regulators
- By: James Langton
- August 7, 2012 August 7, 2012
- 08:30
CIBC to acquire private wealth business of MFS McLean Budden
Acquisition brings $1.4 billion in assets under management
- By: IE Staff
- August 7, 2012 August 7, 2012
- 08:00
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
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