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
Latest news in Industry News
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
CBA calls on provinces to enact PRPP legislation
Banking industry cautions governments not to get mired down in retirement savings deliberations
- By: James Langton
- July 25, 2012 July 25, 2012
- 11:20
RBC GAM awarded natural resources mandate for China social security fund
Appointment comes from one of the world’s largest pension funds
- By: IE Staff
- July 24, 2012 July 24, 2012
- 13:05
Client satisfaction a key measure of advisor success
When selecting new prospects, an individual’s investable income is the top characteristic that successful advisors consider
- By: Megan Harman
- July 24, 2012 July 24, 2012
- 11:45
Anti money laundering scrutiny rises for U.S. banks
Investigations may result in fines levied against some banks
- By: James Langton
- July 24, 2012 July 24, 2012
- 11:00
U.S. securities class action settlements down sharply
Merger objection cases continue to be a major portion of total filings
- By: James Langton
- July 24, 2012 July 24, 2012
- 09:25
Alpha Exchange leverages cloud for market data delivery
Partners with Xignite to expand global reach
- By: James Langton
- July 24, 2012 July 24, 2012
- 07:00
CME Group considers new rules to protect customer funds
Derivatives exchange says that it’s exploring the concept of having clearing houses or other depositories hold all customer segregated funds
- By: James Langton
- July 23, 2012 July 23, 2012
- 14:30
$32 trillion hidden in offshore tax havens
Report castigates private banks and advisors for their role in tax evasion
- By: Megan Harman
- July 23, 2012 July 23, 2012
- 13:20