Financial services firms embracing community investment despite economic downturn
Programs reap rewards for Manulife, First Calgary Savings
- By: Megan Harman
- November 12, 2008 November 12, 2008
- 16:45
Latest news in Industry News
SIFMA disappointed with change to U.S. bailout plan
Paulson says TARP will focus on recapitalization
- By: James Langton
- November 12, 2008 November 12, 2008
- 16:35
Hedge fund assets drop 16% in Q3
Single manage funds fare worse than funds of funds
- By: James Langton
- November 12, 2008 November 12, 2008
- 16:30
Jovian loss widens during market turmoil
Revenue edges up 2% in Q3 despite drop in assets
- By: IE Staff
- November 12, 2008 November 12, 2008
- 14:45
Majority of actively managed Canadian equity funds add value in Q3
Mixed results for funds investing outside of Canada
- By: IE Staff
- November 12, 2008 November 12, 2008
- 13:45
Changes still needed to Canadian tax system: PwC
Canada drops to 105 in global corporate tax rate ranking
- By: IE Staff
- November 12, 2008 November 12, 2008
- 12:10
CI to cut jobs in cost-cutting effort
Cuts to be largely achieved through hiring freeze, Holland says
- By: Megan Harman
- November 12, 2008 November 12, 2008
- 11:35
Canada supports global approach to financial reporting standards: AcSOC
Canada’s Accounting Standards Oversight Council (AcSOC) has expressed full support for the ongoing efforts of the International Accounting Standards Board (IASB) to develop a globally…
- By: IE Staff
- November 12, 2008 November 12, 2008
- 10:10
ING Canada Q3 profit drops
P&C insurer takes $62 million hit from declining investments
- By: IE Staff
- November 12, 2008 November 12, 2008
- 09:35
Hedge funds decline 5%
October poised to be the worst month in history for fixed income arbitrage managers
- By: James Langton
- November 11, 2008 November 11, 2008
- 16:50
CFA Institute Centre proposes new risk management requirements for asset managers
Proposal establishes a more detailed risk management process that identifies, monitors, and analyzes the risk position and exposure of a manager
- By: James Langton
- November 11, 2008 November 11, 2008
- 16:45
Goldman Sachs buys carbon offset portfolio
The Goldman Sachs Group has agreed to purchase the majority of the carbon offset portfolio of E+Co, a non-profit investment company that provides business support…
- By: James Langton
- November 11, 2008 November 11, 2008
- 16:35
O’Shaughnessy buys back 10% equity stake from J.P. Morgan
O’Shaughnessy Asset Management (OSAM) has bought back a 10% equity stake from a subsidiary of J.P. Morgan, which it acquired through its purchase of Bear…
- By: James Langton
- November 11, 2008 November 11, 2008
- 16:15
CI sees profit drop 18% in third quarter
Firm has fared very well given market conditions, CEO says
- By: Megan Harman
- November 11, 2008 November 11, 2008
- 15:45
Power Financial earnings flat in third quarter
Holding company boosts dividend
- By: IE Staff
- November 11, 2008 November 11, 2008
- 11:10
National Bank closes deal for Wellington West stake
Bank pays $35.8 million for 12.5% interest
- By: Megan Harman
- November 10, 2008 November 10, 2008
- 17:43
CIPF introduces a new continuing education module
CE module designed to provide advisors with a deeper understanding of fund’s coverage
- By: Megan Harman
- November 10, 2008 November 10, 2008
- 13:35
TMX Group CEO plans to acquire common shares
TMX Group Inc. CEO Thomas Kloet will begin purchasing common shares of TMX Group to achieve the company’s equity ownership requirements, the corporation reported Monday.…
- By: IE Staff
- November 10, 2008 November 10, 2008
- 10:15
AIG gets expanded bailout
Insurance giant posts US$24.5 billion loss
- By: James Langton
- November 10, 2008 November 10, 2008
- 08:45
SIFMA survey provides insights on U.S. Troubled Asset Relief Program
Five U.S. financial industry trade associations Friday unveiled an industry survey that examines more than 400 firms’ views of participation in the U.S. bank bailout…
- By: James Langton
- November 9, 2008 November 9, 2008
- 17:12
Pension plans need relief to stem further economic crisis: FEI Canada
Association recommends pension solvency funding period be increased
- By: IE Staff
- November 9, 2008 November 9, 2008
- 12:25
Credit card loan portfolios in Canada performing well: Moody’s
The performance of credit cards in Canada softened slightly in the second quarter of 2008, but showed remarkable stability compared to the performance of credit…
- By: James Langton
- November 7, 2008 November 7, 2008
- 16:30
HSBC Bank Canada income drops in third quarter
Bank takes $20 million charge on sale of car loan portfolio
- By: IE Staff
- November 7, 2008 November 7, 2008
- 11:10
AGF cuts jobs at trust unit
Layoffs made to reduce costs in “changing economic times”
- By: Megan Harman
- November 6, 2008 November 6, 2008
- 15:50
CLHIA welcomes Alberta insurance legislation changes
Amendments codify some of the existing practices in the industry
- By: Megan Harman
- November 6, 2008 November 6, 2008
- 12:40