Results of compliance reviews “dismal” for many firms
Abuse of the accredited investor exemption is the number one problem, says OSC manager
- By: Megan Harman
- March 21, 2012 March 21, 2012
- 11:15
Latest news in Industry News
Building a career in the advisory business
Recruiters urge new advisors to master presentation skills, earn designations
- By: Megan Harman
- March 21, 2012 March 21, 2012
- 06:00
Investor protection should include fraud and insolvency coverage: FAIR Canada
Financial firms should be required to be SRO members backed by an insolvency compensation fund
- By: James Langton
- March 20, 2012 March 20, 2012
- 14:30
Central 1 profit slips in 2011 despite stronger fourth quarter
Market volatility improves, credit spreads narrow
- By: IE Staff
- March 20, 2012 March 20, 2012
- 11:20
RBC buying Latin American, Caribbean, African private banking from Coutts
Acquisition includes private banking staff based primarily in Switzerland
- By: The Canadian Press
- March 20, 2012 March 20, 2012
- 09:00
The changing face of the industry
As older advisors retire, firms are placing a new emphasis on recruiting, training young talent
- By: Megan Harman
- March 20, 2012 March 20, 2012
- 06:00
Basel III could boost liquidity risks, says Fitch
Activities involving riskier exposures, which will be subject to higher capital charges, may migrate into the “shadow banking” sector
- By: James Langton
- March 19, 2012 March 19, 2012
- 16:30
Channel Zero aims to bring business radio to Canada
Proposed Toronto station Biz88 would offer programming targeted at retail investors and small business
- By: James Langton
- March 19, 2012 March 19, 2012
- 15:15
N.Y. Mets owners settle with Madoff trustee for US$162 million
Settlement is in the best interest of Madoff Ponzi scheme victims
- By: James Langton
- March 19, 2012 March 19, 2012
- 13:20
U.S. court resurrects rejected settlement between SEC and Citigroup
Appeal court decision could set a precedent for the banking industry
- By: James Langton
- March 16, 2012 March 16, 2012
- 15:10
TD launches mobile app for stock trading
App will allow TD customers to trade Canadian and U.S. stocks and ETFs on their smartphones
- By: The Canadian Press
- March 16, 2012 March 16, 2012
- 10:50
CLHIA calls for risk-based approach to anti-money laundering regime
Make requirements simpler and less costly where the risks are lower, Senate committee told
- By: James Langton
- March 16, 2012 March 16, 2012
- 09:20
2012 another volatile year for asset managers: Moody’s
Bond and money market funds to face challenging conditions
- By: James Langton
- March 16, 2012 March 16, 2012
- 07:00
CIBC’s CEO earns bigger bonus in 2011
Gerry McCaughey’s total compensation climbs to $10 million
- By: The Canadian Press
- March 15, 2012 March 15, 2012
- 15:00
Credit unions continue strong growth in 2011
Assets climb 10% to $140.2 billion
- By: IE Staff
- March 15, 2012 March 15, 2012
- 11:40
Consumer Rights Day focused on fairness in financial services
Consumer advocates call for more choice, new deal for bank customers
- By: James Langton
- March 15, 2012 March 15, 2012
- 11:15
Scotiabank introduces online security centre
New tool educates consumers about cyber criminals
- By: IE Staff
- March 15, 2012 March 15, 2012
- 10:10
Is Gen X getting the squeeze at Canadian banks?
PwC report examines multi-generational workforce performance
- By: IE Staff
- March 15, 2012 March 15, 2012
- 08:50
AMF set to approve Maple bid for TMX
The OSC has requested its staff develop draft recognition orders
- By: James Langton
- March 15, 2012 March 15, 2012
- 08:30
Power Financial posts higher Q4 profit
Re-evaluation of litigation provision by Great-West Lifeco helps
- By: The Canadian Press
- March 14, 2012 March 14, 2012
- 15:40
Goldman Sachs official decries culture of greed
Greg Smith resigns via New York Times
- By: Lee-Anne Goodman
- March 14, 2012 March 14, 2012
- 11:15
DFS Q4 profit rises on sales increase
Annual net income up 13.5%
- By: IE Staff
- March 14, 2012 March 14, 2012
- 11:00
Make membership mandatory for banks, Ombudsman says
Allowing banks to choose their own dispute resolution mechanism “a giant step backward for consumer protection”
- By: James Langton
- March 14, 2012 March 14, 2012
- 09:40
Canadians shifting to more conservative investments, says RBC
RRSP season has been expanding into the longer winter investment season
- By: IE Staff
- March 14, 2012 March 14, 2012
- 09:00
GMP Capital profit plunges in fourth quarter
Revenue tumbles 53%
- By: The Canadian Press
- March 14, 2012 March 14, 2012
- 07:00