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
Latest news in Industry News
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
Market turmoil will put client relationships to the test: ICAC panel
Discussing a client’s long-term objectives helps shift the focus and fosters stronger relationships
- By: Megan Harman
- November 20, 2008 November 20, 2008
- 08:15
Prepare for radical change to “flawed” regulation, advisors told
Advisors should be wary of the prospect of a more protectionist global financial system
- By: Megan Harman
- November 19, 2008 November 19, 2008
- 16:10
Fund managers defensive despite government efforts to combat recession
Equity investors eye U.S. corporate profits
- By: James Langton
- November 19, 2008 November 19, 2008
- 14:15
Citigroup buying back remaining SIV assets
Citigroup Inc. announced that it is winding down its structured investment vehicles by buying back their remaining assets at fair value.The bank said Wednesday that,…
- By: James Langton
- November 19, 2008 November 19, 2008
- 13:50
Asset management firms to maintain profits by cost cutting
20% of firms expected to report negative margins in 2008
- By: Megan Harman
- November 19, 2008 November 19, 2008
- 12:25
Scotiabank to take $890 million hit in Q4
Charges relate to Lehman bankruptcy, securities and CDOs
- By: Megan Harman
- November 18, 2008 November 18, 2008
- 17:50
Aegon hopes to tap into U.S. banking bailout
Aegon NV, the Netherlands-based owner of Transamerica, announced that it is examining the possibility of acquiring a thrift in the United States, which may allow…
- By: IE Staff
- November 18, 2008 November 18, 2008
- 17:15
“Knowledgeable” Canadians remain calm in during market turmoil: survey
Investors who feel they understand what’s happening and tend not to feel panicked
- By: Megan Harman
- November 18, 2008 November 18, 2008
- 14:20
Quebec’s venture capital activity drops in Q3
Quebec funds pick up slack from foreign investors
- By: IE Staff
- November 18, 2008 November 18, 2008
- 10:25
Canadians confront housing market with caution and confidence: survey
CAAMP releases annual report on consumer perceptions and choices
- By: IE Staff
- November 18, 2008 November 18, 2008
- 09:30
Integration of financial and sustainability analysis can reduce portfolio risk
Sustainability analysis relevant to investments in Canada’s energy sector, says Ethical Funds
- By: IE Staff
- November 18, 2008 November 18, 2008
- 08:45
Fund assets tumble 10% in October: IFIC
$8.4 billion in net redemptions the largest monthly outflow on record
- By: Megan Harman
- November 17, 2008 November 17, 2008
- 16:25
Hedge funds down 6% in October
Credit Suisse Index Co., Inc. said that final performance numbers show hat hedge funds lost about 6.3% in October.According to Oliver Schupp, president of Credit…
- By: James Langton
- November 17, 2008 November 17, 2008
- 14:30
Putnam to merge funds and realign manager incentives
12 portfolio managers leaving
- By: James Langton
- November 17, 2008 November 17, 2008
- 14:20
UBS overhauls executive compensation
UBS AG announced that it will adopt a new compensation model for its top executives and directors in 2009, designed to better align incentives with…
- By: James Langton
- November 17, 2008 November 17, 2008
- 13:45
Desjardins Group takes $94 million writedown on ABCP holdings
Co-operative posts drop in third quarter surplus earnings
- By: IE Staff
- November 17, 2008 November 17, 2008
- 12:10
Citigroup cutting 52,000 jobs
The second-largest bank in the United States, Citigroup, will cut 52,000 jobs in the coming months, the company’s chief executive said on Monday.Citigroup CEO Vikram…
- By: IE Staff
- November 17, 2008 November 17, 2008
- 10:55
CCIR/CISRO miss the opportunity to set the bar higher, Advocis says
Proposals on the incidental selling of insurance don’t go far enough
- By: IE Staff
- November 16, 2008 November 16, 2008
- 12:55
AIG workers to get US$500 million in deferred payout
American International Group, Inc. is terminating 14 voluntary deferred compensation programs involving 5,600 employees and independent agents and representatives, the insurance company said Friday.Approximately US$500…
- By: James Langton
- November 14, 2008 November 14, 2008
- 16:25
Canadian Centre for Financial Literacy launches
Centre seeks to improve the economic well-being of low-income Canadians.
- By: IE Staff
- November 14, 2008 November 14, 2008
- 10:55
IBC warns consumers about phone fraud scam
Insurance Bureau of Canada (IBC) is warning consumers to avoid disclosing financial information over the phone after several consumers received calls from fraudsters pretending to…
- By: IE Staff
- November 13, 2008 November 13, 2008
- 16:30