A relatively recent asset management spin off is being rewound amid the tumultuous financial markets as GAM (UK) Ltd., a wholly owned subsidiary of Julius…
Bank of Montreal completes acquisition of AIG Life of Canada
Notes will pay a fixed rate of 7.768%
Stability in the U.S. housing market seen as key to recovery in financial markets
Cuts are part of a strategic process that will see the brokerage firm rebuild and rebrand itself in the wake of the ABCP crisis
OSC chairman among those paid more than $700,000 last year
Immediate action needed to restore confidence in economy
Sun Life Financial Inc. has sucessfully completed a domestic public offering of $500 million of subordinated unsecured debentures, the company said Tuesday.The Series 2009-1 Subordinated…
San Francisco-based WeatherBill has released a new technology solution that bundles branded third party weather insurance and weather derivative programs with a turnkey white label…
$1.73 billion offer to to acquire communications infrastructure assets in UK and Australia
Firms have developed systematic approaches towards reflecting risk in performance measurement
Countries must equip regulators to supervise a globalized insurance industry
European advisors to debate potential solutions at Paris forum
Industrial Alliance Insurance and Financial Services Inc. has closed its previously announced domestic offering of $100 million of 8.25% subordinated debentures due March 27, 2019,…
Plunging equity markets bite into AUM, fees
Ombudsman waiting for new complaint-handling rules to take effect
Gift to support professorships at the John Molson School of Business
Growth expected to resume later in 2009
Management fees down 30%
A $231 million writedown on investments led DundeeWealth Inc. to record a loss for 2008, the company said Wednesday.The company said it lost $186.7 million,…
Sale of legacy assets could trigger further writedowns
Program assists newcomers through educational seminars and job-readiness training
Consolidation likely if profits fail to improve