Eurozone crisis continues to drive global credit outlook: Fitch
Banks have experienced the greatest rise in negative outlooks
- By: James Langton
- January 26, 2012 January 26, 2012
- 11:00
Latest news in Industry News
Borrowing surge driven by most indebted households: CIBC
One-third of Canadian households hold three-quarters of the debt
- By: IE Staff
- January 26, 2012 January 26, 2012
- 10:40
Reforms boost costs for U.S. insurers: Fitch
Tighter regulations will result in increased claim payments and additional expenses
- By: James Langton
- January 25, 2012 January 25, 2012
- 16:30
Regulatory change tops IIAC 2012 agenda
Association helping firms prepare for Client Relationship Model, Fund Facts delivery
- By: Megan Harman
- January 25, 2012 January 25, 2012
- 14:30
Coventree to begin formal windup
Co-founders of the firm at centre of Canada’s ABCP crisis to appeal $500,000 penalties
- By: The Canadian Press
- January 25, 2012 January 25, 2012
- 14:00
Increased regulatory oversight puts focus on hedge fund governance: Moody’s
Additional scrutiny should reduce funds’ business risk in the long term
- By: James Langton
- January 25, 2012 January 25, 2012
- 13:30
AGF sees lower Q4 profit
Higher overhead expenses erode margins
- By: Sunny Freeman
- January 25, 2012 January 25, 2012
- 13:30
US Futures Industry Association to examine MF Global bankruptcy
Initial recommendations of task force are expected to be presented in March
- By: James Langton
- January 24, 2012 January 24, 2012
- 15:15
Greenwich names 2011 financial services quality leaders
Deutsche Bank and J.P. Morgan lead the pack with each firm named as quality leaders in 12 categories
- By: James Langton
- January 24, 2012 January 24, 2012
- 15:00
RBC invests $20 million in new social and environmental initiative
RBC Impact Fund breaks new ground in Canadian banking sector
- By: James Langton
- January 24, 2012 January 24, 2012
- 13:15
Hostile environment challenges pension plans
Pension systems around the world must become more resilient, says pension expert
- By: Megan Harman
- January 24, 2012 January 24, 2012
- 11:20
Sentry deploys Eagle’s hosted investment management software
Canadian manager is first client to leverage Eagle Analytics
- By: IE Staff
- January 23, 2012 January 23, 2012
- 14:00
Unity Life renamed Foresters Life
New name offers unified brand for insurer acquired by Foresters in 2008
- By: IE Staff
- January 23, 2012 January 23, 2012
- 10:50
Canadian pensions post lacklustre gains in turbulent 2011
Canadian and foreign equities move backwards; bonds provide support
- By: IE Staff
- January 23, 2012 January 23, 2012
- 09:30
Sun Life U.S. life insurance subsidiaries downgraded
Fitch affirms ratings Sun Life Financial and its Canadian life insurance subsidiary
- By: James Langton
- January 20, 2012 January 20, 2012
- 16:00
Fairfax to purchase 25% stake in Thai reinsurer
Thai Re deal expected to close in the second quarter
- By: IE Staff
- January 20, 2012 January 20, 2012
- 10:50
Scotiabank looks to sell its skyscraper headquarters
Toronto’s Scotia Plaza might fetch $1 billion
- By: Craig Wong, The Canadian Press
- January 19, 2012 January 19, 2012
- 16:55
Nearly half of Canadians say they are not financially prepared for retirement
Poll reveals a divide between Canadians who are planning for retirement, and those who aren’t
- By: IE Staff
- January 19, 2012 January 19, 2012
- 12:20
Young Canadians ramping up RRSP contributions
Top financial priorities include home ownership and retirement savings
- By: IE Staff
- January 19, 2012 January 19, 2012
- 10:30
Bank of Canada won’t issue interest rate forecasts: Carney
Fed approach is not the “best policy” for Canada
- By: The Canadian Press
- January 18, 2012 January 18, 2012
- 18:30
Florida jury says TD unit owes US$67 million
Bank account was integral to a US$1.2 billion Ponzi scheme
- By: Curt Anderson
- January 18, 2012 January 18, 2012
- 16:45
Canadian banks face slower earnings growth: DBRS
Banks challenged by low rates, slow North American growth and uncertainty in Europe
- By: James Langton
- January 18, 2012 January 18, 2012
- 11:00
BMO expands video service for clients and advisors
More locations added in remote regions to let clients speak with financial planners and investment advisors
- By: IE Staff
- January 18, 2012 January 18, 2012
- 10:20
Scotiabank closes purchase of 51% stake in Colombian bank for $1 billion
Banco Copatria has 175 branches and US$6.4 billion of assets
- By: The Canadian Press
- January 18, 2012 January 18, 2012
- 08:55