Moody’s puts Macquarie Group on review for possible downgrade
If current capital market conditions persist, Australian investment bank may face challenges
- By: James Langton
- November 4, 2011 November 4, 2011
- 09:15
Latest news in Industry News
GMP Capital loses $4.6 million in Q3
Revenues drop 55% as markets tumble
- By: The Canadian Press
- November 4, 2011 November 4, 2011
- 07:20
Prolonged low interest rates will harm life insurers: Fitch
Earnings will face pressure
- By: James Langton
- November 3, 2011 November 3, 2011
- 16:00
Calming client fears about retirement spending
Determining their longevity risk aversion can help clients enjoy a higher standard of living earlier in their retirement
- By: Olivia Glauberzon
- November 3, 2011 November 3, 2011
- 15:40
Sun Life hopes October markets will help rebound to profit in Q4
Insurer suffered an overall net loss of $621 million in the third quarter
- By: Sunny Freeman
- November 3, 2011 November 3, 2011
- 11:00
Manulife posts $1.28 billion Q3 loss on volatile markets
Insurer could take another charge of up to $500 million or more if global markets don’t rebound
- By: Sunny Freeman
- November 3, 2011 November 3, 2011
- 10:30
Sun Life reports $621 million Q3 loss
Quarterly loss is the first for the insurer in two years
- By: Sunny Freeman
- November 2, 2011 November 2, 2011
- 16:40
Toronto advisor team joins Macquarie
Butler, Philbrick and Associates specializes in managing the portfolios of Canadian health care professionals and their families
- By: Megan Harman
- November 2, 2011 November 2, 2011
- 16:30
FINTRAC reports record number of suspected terror cases
Agency passed along information about 777 dubious dealings in 2010-11
- By: The Canadian Press
- November 2, 2011 November 2, 2011
- 15:20
HSBC Bank Canada sees Q3 profit rise 38%
Lower loss provisions, improved trading volumes and investment activity
- By: The Canadian Press
- November 2, 2011 November 2, 2011
- 10:10
Industrial Alliance profit falls 28%
Low interest rates, volatile markets hit individual insurance and wealth management businesses
- By: LuAnn LaSalle
- November 2, 2011 November 2, 2011
- 10:00
AIG makes US$1 billion payment to U.S. Treasury
Insurer making steady progress toward repaying taxpayers’ investment
- By: James Langton
- November 2, 2011 November 2, 2011
- 08:50
IIROC suspends MF Global Canada
Parent company files for bankruptcy
- By: James Langton
- November 2, 2011 November 2, 2011
- 07:20
Reluctant investors hurting investment industry, says Russell
Retail investment revenues will likely be down by 20% this year from last year if current conditions continue
- By: Megan Harman
- November 1, 2011 November 1, 2011
- 15:00
Critical illness on the rise yet most Canadian parents not adequately insured
Critical illness insurance can help families avoid financial & emotional duress
- By: IE Staff
- November 1, 2011 November 1, 2011
- 08:40
Credit Suisse to cut jobs
Bank taking steps to significantly reduce risk-weighted assets in investment banking
- By: James Langton
- November 1, 2011 November 1, 2011
- 07:30
Finance seeks comment on tax proposals
Technical changes relate to investment, mutual fund and insurance companies
- By: IE Staff
- November 1, 2011 November 1, 2011
- 07:00
Optimism remains amid ‘spooky’ market conditions: study
Half of Canadian investors fear that economic challenges in the U.S. and Europe will spread to Canada
- By: IE Staff
- October 31, 2011 October 31, 2011
- 13:33
Financial Literacy Month takes flight
Several organizations are workting to raise awareness of the need for financial literacy in Canada and to encourage Canadians to reinforce their financial knowledge
- By: IE Staff
- October 31, 2011 October 31, 2011
- 13:30
MF Global files for bankruptcy protection after posting major loss
Securities firm appears to be first big U.S. casualty of Europe’s debt crisis
- By: The Associated Press
- October 31, 2011 October 31, 2011
- 10:25
BCSC releases its report card on youth financial literacy
Students who took comprehensive financial literacy courses and had good experiences taking them performed better overall on financial literacy outcomes
- By: IE Staff
- October 31, 2011 October 31, 2011
- 10:20
Market volatility still a concern for Canadians: Russell
Two of the 14 indicators surveyed at an all-time high
- By: IE Staff
- October 31, 2011 October 31, 2011
- 09:20
TMX board backs Maple takeover bid
Chairman advises shareholders to accept the Maple proposal
- By: James Langton
- October 31, 2011 October 31, 2011
- 07:30
OBSI board responds to TD withdrawal
Dispute resolution system should not be allowed to become further fragmented
- By: James Langton
- October 28, 2011 October 28, 2011
- 16:10
Fairfax Q3 earnings triple to $974 million
The improved profit was largely due to net gains on investments of $1.588 billion
- By: The Canadian Press
- October 28, 2011 October 28, 2011
- 07:55