State Street reappointed by Hartford Investments Canada
Mandate valued at $1 billion in assets
- By: IE Staff
- December 17, 2008 December 17, 2008
- 15:10
Latest news in Industry News
Fund manager pessimism eases at year end: Merrill Lynch
Institutional investors looking for more action from governments
- By: James Langton
- December 17, 2008 December 17, 2008
- 11:50
Morgan Stanley records US$2.3 billion loss in Q4
Morgan Stanley lost US$2.3 billion in its fourth quarter, ended Nov. 30, ending a string of three profitable quarters, the company reported Wednesday.For the quarter,…
- By: IE Staff
- December 17, 2008 December 17, 2008
- 11:30
Kingsway announces cost reduction initiatives
Specialty insurer to cut costs by US$20 million in 2009
- By: IE Staff
- December 17, 2008 December 17, 2008
- 08:20
Mackenzie Investments honours teen philanthrophy
Calgary teen stands out among an impressive group
- By: Megan Harman
- December 16, 2008 December 16, 2008
- 13:15
Goldman Sachs posts first loss since going public
Sharp decline in values across virtually every asset class
- By: James Langton
- December 16, 2008 December 16, 2008
- 11:50
Tax ombudsman ramps up complaint-handling capacity
Cross-country tour underway to raise awareness among taxpayers
- By: Megan Harman
- December 16, 2008 December 16, 2008
- 11:45
Deposit industry commits to self-regulation
Business plan to regulate independent deposit brokers gains support from majority of financial institutions
- By: Megan Harman
- December 16, 2008 December 16, 2008
- 08:40
U.S. recession to last 18 months: SIFMA
SIFMA’s Economic Advisory Roundtable unveils predictions for 2009
- By: James Langton
- December 15, 2008 December 15, 2008
- 16:25
Flood of redemptions recedes in November: IFIC
Industry assets down 21% from a year ago
- By: IE Staff
- December 15, 2008 December 15, 2008
- 14:55
Sprott Foundation donates $1 million to fight hunger and poverty
Funds support CHF projects around the world
- By: Megan Harman
- December 15, 2008 December 15, 2008
- 11:45
Market and economic conditions dampen industry Q3 performance: IIAC
Operating profits down 18% from a year ago
- By: Megan Harman
- December 15, 2008 December 15, 2008
- 10:55
BMO Harris Private Banking opens new office in St. John’s
Office meets the growing local need for wealth management services among affluent clients
- By: IE Staff
- December 15, 2008 December 15, 2008
- 10:42
Credit crunch poised to benefit life reinsurers: report
As other sources of capital dry up, reinsurers are positioned to increase prices
- By: IE Staff
- December 15, 2008 December 15, 2008
- 09:50
Over 70% of managers expect positive returns for S&P/TSX in 2009: survey
55% of managers bullish on financial services
- By: IE Staff
- December 15, 2008 December 15, 2008
- 09:50
BMO Capital Trust II to issue $450 million of Tier 1 notes
BMO Capital Trust II, a closed-end trust wholly owned by Bank of Montreal, will issue $450 million of BMO Tier 1 Notes – Series A…
- By: IE Staff
- December 14, 2008 December 14, 2008
- 16:35
ABCP committee proposes enhancements to restructuring plan
New timeline unveiled
- By: Megan Harman
- December 14, 2008 December 14, 2008
- 15:35
Scotiabank closes purchase of stake in CI Financial
Sun Life to continue distribution arrangement with CI
- By: IE Staff
- December 12, 2008 December 12, 2008
- 10:50
Canada’s actuaries call for more flexible EI financing
Institute recommends the establishment of a $10 billion contingency reserve to stabilize premiums
- By: IE Staff
- December 11, 2008 December 11, 2008
- 15:10
Royal Bank to redeem subordinated debentures
Royal Bank of Canada intends to redeem all outstanding 3.96% subordinated debentures due Jan. 27, 2014 for 100% of their principal amount plus accrued interest,…
- By: IE Staff
- December 11, 2008 December 11, 2008
- 13:50
Queen’s student wins $10,000 prize in real-money stock market challenge
Winning portfolio achieved 5% return as TSX sank 33%
- By: Megan Harman
- December 11, 2008 December 11, 2008
- 12:27
New tax measures may impact CI unit holders
Investors encouraged to consult with tax advisors
- By: Megan Harman
- December 11, 2008 December 11, 2008
- 11:45
Pacific & Western plans $20 million private placement
Proceeds to boost capital of Pacific & Western Bank of Canada
- By: IE Staff
- December 11, 2008 December 11, 2008
- 10:45