BMO plans $150 million preferred share issue
Offering to close Dec. 11
- By: Megan Harman
- November 25, 2008 November 25, 2008
- 16:10
Latest news in Industry News
BMO Capital Markets recognized for funding education of young women leaders
BMO Capital Markets has been recognized by the Canadian Merit Scholarship Foundation for its investment in the education of young women who show potential as…
- By: Megan Harman
- November 25, 2008 November 25, 2008
- 15:30
Big banks well-represented on list of Canada’s most powerful women
More than a quarter of the 100 most powerful women work in the financial services industry
- By: Megan Harman
- November 25, 2008 November 25, 2008
- 15:25
Fund companies raise over $148,000 for juvenile diabetes research (IE:TV)
Industry responds to AGF challenge
- By: IE Staff
- November 25, 2008 November 25, 2008
- 12:30
Government action needed to secure pension plans: PIAC
Extend amortization of solvency deficits to 10 years, association says
- By: Megan Harman
- November 25, 2008 November 25, 2008
- 12:10
Fair value accounting for financial assets not going away, despite credit crunch: Ernst & Young
Companies will face widespread reporting challenges related to disclosure
- By: Megan Harman
- November 25, 2008 November 25, 2008
- 11:15
BMO posts Q4 net income of $560 million
Retail banking profit up 19%
- By: IE Staff
- November 25, 2008 November 25, 2008
- 09:35
RBC warns of 15% profit drop in Q4
Loan losses estimated at $620 billion
- By: IE Staff
- November 24, 2008 November 24, 2008
- 16:25
Few players fully ceasing securities lending to hedge funds, panel says
Margin requirements for securities lending likely to increase
- By: Megan Harman
- November 24, 2008 November 24, 2008
- 15:45
Money-manager Stilwell demands presence on Kingsway board
Specialty insurer working with co-financial advisors Houlihan Lokey and Scotia Capital
- By: IE Staff
- November 24, 2008 November 24, 2008
- 14:15
Noteholders approve amendments to trust indetures of Manulife subsidiary
Noteholders of John Hancock Canadian Corp. (JHCC) have approved certain amendments to the trust indenture governing the company’s 6.672% Senior Unsecured Notes due May 31,…
- By: IE Staff
- November 24, 2008 November 24, 2008
- 13:55
Oliver Martin trust fund set up to assist children with learning disabilities
Russell Investments Canada donates $20,000
- By: Megan Harman
- November 24, 2008 November 24, 2008
- 10:35
U.S. bails out Citigroup in US$306 billion rescue plan
Treasury will invest US$20 billion from TARP in exchange for preferred stock
- By: James Langton
- November 24, 2008 November 24, 2008
- 08:15
TMX Group outlines growth strategy to analysts
Market turmoil offers opportunity to create centralized clearinghouse for derivatives market
- By: Olivia Glauberzon
- November 23, 2008 November 23, 2008
- 17:45
IBAO warns about ongoing insurance scam
Policy holders receiving fraudulent calls from people claiming to be from their insurance company
- By: IE Staff
- November 23, 2008 November 23, 2008
- 16:15
TARP funds unlikely to affect U.S. bank ratings: Moody’s
The U.S. government’s Troubled Assets Relief Program (TARP) is a positive for banks that tap the program, says Moody’s Investors Service in a new report.…
- By: IE Staff
- November 23, 2008 November 23, 2008
- 15:45
Moody’s downgrades outlook for TD
Bank’s risk positioning may have weakened
- By: IE Staff
- November 23, 2008 November 23, 2008
- 14:45
Pacific & Western looking to raise capital
Lender hires Scotia Capital as financial advisor
- By: IE Staff
- November 21, 2008 November 21, 2008
- 14:20
Actuaries look for more common ground to resolve issues facing DB pension plans
CIA commends problem-solving focus of Ontario Expert Commission report
- By: IE Staff
- November 21, 2008 November 21, 2008
- 12:12
Caisse switches to passive management for in-house international equity portfolios
Returns do not justify active management
- By: IE Staff
- November 20, 2008 November 20, 2008
- 16:35
Canadian CFAs give lower score to regulatory regime
Ethics and integrity in Canadian financial markets rated higher by investment professionals outside the country
- By: IE Staff
- November 20, 2008 November 20, 2008
- 16:15
Sun Life stepping up its risk management efforts
Insurer focused on expenses during market turmoil
- By: Megan Harman
- November 20, 2008 November 20, 2008
- 14:45
TD warns of credit trading losses in fourth quarter
Losses are manageable relative to the bank’s earnings profile, DBRS says
- By: James Langton
- November 20, 2008 November 20, 2008
- 10:30