Restoring banks’ capacity to lend is essential to end the financial crisis
Efforts to remove or isolate toxic assets must be stepped up
- By: James Langton
- February 13, 2009 February 13, 2009
- 11:30
Latest news in Industry News
Banks can play vital role in combating climate change: Ethical Funds
Fund company releases sustainable investing annual report
- By: Megan Harman
- February 12, 2009 February 12, 2009
- 16:15
Putnam charges deal Great-West $900 million loss in fourth quarter
Operating results “very encouraging”, insurer says
- By: IE Staff
- February 12, 2009 February 12, 2009
- 14:30
CIBC Mellon named custodian for $32 billion ABCP restructuring
CIBC Mellon has been appointed custodian in the $32 billion restructuring of the non-Canadian, non-bank sponsored asset-backed commercial paper (ABCP) market, the company said Thursday.“CIBC…
- By: IE Staff
- February 12, 2009 February 12, 2009
- 12:45
Investment losses prompt sponsors to review pension strategies: Greenwich
Benefits of diversification called into question
- By: James Langton
- February 12, 2009 February 12, 2009
- 12:15
Hedge fund redemptions slow in January
Fund assets fall for fifth-straight month
- By: James Langton
- February 12, 2009 February 12, 2009
- 12:10
Investors get third allocation of funds from Portus bankruptcy
Investors have recovered 92¢ on the dollar: trustee
- By: IE Staff
- February 12, 2009 February 12, 2009
- 11:25
Manulife posts $1.87 billion Q4 loss
Downturn in equity markets forces insurer to hike reserves
- By: IE Staff
- February 12, 2009 February 12, 2009
- 10:55
Canaccord records Q3 loss on write downs, revenue shortfall
Investment dealer takes charges for ABCP holdings, corporate restructuring
- By: IE Staff
- February 12, 2009 February 12, 2009
- 10:20
Dismal markets curb Sun Life Q4 profit
Insurer maintains quarterly dividend
- By: IE Staff
- February 12, 2009 February 12, 2009
- 08:30
Jovian reports wider Q3 loss
Client assets down mainly due to market depreciation
- By: IE Staff
- February 12, 2009 February 12, 2009
- 08:20
Fitch maintains positive outlook on Home Capital
The global rating agency stated that its positive putlook reflects Home Capital’s consistently robust earnings, which have been driven by a solid net interest margin,…
- By: IE Staff
- February 11, 2009 February 11, 2009
- 16:40
Bay Street players face off in fundraiser for literacy
TMX Group sponsors Scrabble Corporate Challenge
- By: Megan Harman
- February 11, 2009 February 11, 2009
- 13:10
Wellington Financial now offering capital to U.S.-based growth companies
Wellington Financial Fund III is now providing growth capital to U.S.-based companies, Wellington Financial LP said Wednesday.The Toronto-based specialty finance firm provides operating lines of…
- By: IE Staff
- February 11, 2009 February 11, 2009
- 11:20
Credit Suisse reports Q4, annual loss
Bank continuing to reduce risk in investment banking unit
- By: James Langton
- February 11, 2009 February 11, 2009
- 08:50
Hedge funds eke out positive return in January
Hedge funds likely managed a positive return of about 0.80% in January, based on prelimary data from the Credit Suisse/Tremont Hedge Fund Index.Relative value managers…
- By: James Langton
- February 10, 2009 February 10, 2009
- 16:50
Recent turmoil could leave hedge fund industry stronger: AIMA panel
U.S. regulatory environment to change substantially in the next year, Clark says
- By: Megan Harman
- February 10, 2009 February 10, 2009
- 16:10
Caisse board expresses confidence in senior management
Board denies media allegations
- By: IE Staff
- February 10, 2009 February 10, 2009
- 10:50
Pacific & Western Bank approved to issue NHA Mortgage Backed Securities
Canada Mortgage and Housing Corp. has granted Pacific & Western Bank of Canada approved issuer status entitling it issue NHA Mortgage Backed Securities, the bank…
- By: IE Staff
- February 10, 2009 February 10, 2009
- 10:00
$20 billion loss prompts restructuring effort at UBS
Swiss bank plans more job cuts
- By: James Langton
- February 10, 2009 February 10, 2009
- 08:30
Caisse dismissal allegations unfounded, execs say
Two senior officers of the Caisse de dépôt et placement du Québec on Monday categorically denied allegations that a plan to replace a large portion…
- By: IE Staff
- February 9, 2009 February 9, 2009
- 17:20
NYSE Euronext posts Q4 loss
NYSE Euronext reported a net loss of US$1.3 billion for the fourth quarter of 2008, and US$738 million for the full year.The net loss for…
- By: James Langton
- February 9, 2009 February 9, 2009
- 16:39
Hedge funds facing increased regulation: panel
Many institutional investors now focused on due diligence
- By: Megan Harman
- February 9, 2009 February 9, 2009
- 12:35
Kingsway warns of fourth-quarter loss
Restructuring plan includes sale of investment portfolio
- By: IE Staff
- February 9, 2009 February 9, 2009
- 11:47
Jovian proposes share consolidation
Shareholder meeting scheduled for March 5
- By: IE Staff
- February 9, 2009 February 9, 2009
- 09:00