Despite the cautious optimism creeping into the financial markets following the U.S. bank stress tests, Standard & Poor’s Ratings Services says it believes that banks…
Corporate structure provides greater financial flexibility, Sullivan says
Hedge funds gained 1.7% in April according to final performance numbers for the Credit Suisse/Tremont Hedge Fund Index.The broad index gained 1.68% in April, bringing…
First quarter surplus earnings surge 74.6%
Responses will be used to make recommendations regarding regulations governing distribution
Senior level chartered accountants in Canada expect fewer university and/or college graduates to be hired this year, according to the most recent CICA/RBC Business Monitor…
Toronto conference features new distribution section
Industry awarded top marks for investor protection, prospectuses
De Proft succeeds Gilbert
Funds will be used to sponsor a professorship on risk management
Block of life and health insurance policies and annuities complements firm’s growth strategy
Ptasznik sees benefits in existing regulatory framework
P&C insurer to focus on Ontario auto insurance market, changing weather patterns
Mavrix Fund Management Inc. has retained legal and financial advisors to assist it in connection with the proposed offer from GrowthWorks Ltd., Mavrix said Wednesday.Growthworks,…
The Ontario Superior Court of Justice has approved the proposed conversion of the GMP Capital Trust into GMP Capital Inc., GMP said Wednesday.The conversion remains…
CIBC is planning to open 21 new or expanded full-service banking centres set across the country by early 2010, the bank said Wednesday.These new locations…
Grey Horse Corp. reported lower net income for the first quarter ended March 31, the financial services company said Tuesday.Net income declined 22% to $210,000…
CAAM Canada to continue to build presence among institutional clients
Charge-offs and delinquencies expected to continue to rise at a pace unprecedented for the Canadian market
Insurer focused on improving home insurance results
First-quarter net income down 58% from a year ago
A proposal from accounting standards bodies to overhaul financial statements contains several good points, but needs refinement, Fitch Ratings says.Last year, the Financial Accounting Standards…
Waring to stay on as chief investment officer
AUM post streep drop in second quarter