IGM Financial Inc. has completed its domestic public offering of $375 million principal amount of 7.35% debentures maturing April 8, 2019, the company said Tuesday.IGM…
Four new investment banking hires
Q1 losses on pension plan assets drop Mercer index by 2%
Corbat named CEO of Citi Holdings unit
Trust is the foundation for quality jobs and performance excellence
Jevco head will now assume the position of president and CEO of Kingsway’s Canadian businesses
Industry assets rise in tandem with equity markets
The Financial Accounting Standards Board approved planned changes to mark to market accounting rules on Thursday, pleasing some in the U.S. financial industry, but raising…
BMO, CIBC, Manulife and TD recognized for programs to assist recent immigrants
Portfolio diversification strategy fails to avert losses
Worst may be yet to come for Canadian economy
Seamark Asset Management Ltd. has been advised that its largest wrap program partner intends to discontinue its use of Seamark’s investment services effective June 30,…
Bank admits lending conditions tightened
Rebound in emerging markets signals that investors are willing to take on risk again
Any relaxation would take pressure off of financial institutions
Insurer gains greater administration control
Investment fits with pension fund’s long-term strategy
Hires Körner to oversee corporate center
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