Financial services industry needs new operating model, panel says
Industry must move to increase transparency
- By: Megan Harman
- January 23, 2009 January 23, 2009
- 08:10
Latest news in Industry News
Microfinance sector won’t escape downturn: Fitch
It will be difficult for the microfinance sector to remain immune from the global financial crisis, says Fitch Ratings in a new report.As with the…
- By: James Langton
- January 22, 2009 January 22, 2009
- 16:31
Kingsway names Simpson chief operating officer
A.M. best downgrades ratings on four Kingsway subsidiaries
- By: IE Staff
- January 22, 2009 January 22, 2009
- 15:20
Asset managers challenged by lower margins: Greenwich
Firms forced to cut costs
- By: James Langton
- January 22, 2009 January 22, 2009
- 15:02
Conversion to bank holding company won’t eliminate risks for U.S. securities firms: Fitch
Ratings agency says conversion isn’t a cure for economic downturn
- By: James Langton
- January 22, 2009 January 22, 2009
- 14:20
Royal Bank increases preferred share issue
Royal Bank of Canada is increasing the size of its preferred share offering in response to strong investor demand, the bank said Thursday.On Wednesday, the…
- By: IE Staff
- January 22, 2009 January 22, 2009
- 12:35
Canaccord kicks off relief program for ABCP holders
Reimbursements to be settled by Jan. 30, company says
- By: Megan Harman
- January 21, 2009 January 21, 2009
- 18:12
Xceed Mortgage Corp. benefits from ABCP restructuring
Cash flow up, but low interest rates hurting interest receivable
- By: Megan Harman
- January 21, 2009 January 21, 2009
- 17:54
ABCP restructuring plan complete
Note-holders to receive new notes within three business days
- By: Megan Harman
- January 21, 2009 January 21, 2009
- 12:46
DTCC extends risk management services to non-U.S. firms
The U.S. Depository Trust & Clearing Corporation has asked regulators for approval to extend the subsidiary’s clearing and risk management services to include direct participation…
- By: James Langton
- January 20, 2009 January 20, 2009
- 16:30
Institutional investor confidence rebounds from record low
State Street Investor Confidence Index advances in January
- By: Megan Harman
- January 20, 2009 January 20, 2009
- 14:55
Gmarkets, Velocity Trade team up to deliver FX trading platform
Gmarkets Inc. and Velocity Trade released of Velocity Trade’s Accelerator Foreign Exchange Trading Platform through Gmarkets Pilot Financial GPS, the two companies announced Tuesday.Effective immediately,…
- By: IE Staff
- January 20, 2009 January 20, 2009
- 14:10
Financial crisis highlights shortfall in Canada’s monetary policy: report
Bank of Canada called on to boost transparency on its decision-making procedures
- By: Megan Harman
- January 20, 2009 January 20, 2009
- 11:15
Scotiabank partners with Pape to promote TFSA
Video, book designed to educate clients
- By: Megan Harman
- January 20, 2009 January 20, 2009
- 10:20
CIBC Mellon launches TFSA services
CIBC Mellon is offering Tax-Free Savings Account services to assist investment fund companies in providing TFSA options to their clients, and to permit public companies…
- By: IE Staff
- January 20, 2009 January 20, 2009
- 09:35
Advocis calls on Ontario to reduce regulatory burden on advisors
Cost-benefit analysis would be welcome
- By: Megan Harman
- January 19, 2009 January 19, 2009
- 14:30
UBS agrees to buy commodity business from AIG
American International Group has found a buyer for another of its business lines, UBS Investment Bank is set to buy the commodity index business from…
- By: James Langton
- January 19, 2009 January 19, 2009
- 09:05
TSX issuers to gain visibility among U.S. investors
S&P program facilitates secondary trading of Canadian companies in U.S.
- By: Megan Harman
- January 18, 2009 January 18, 2009
- 11:35
Bank of America gets lifeline to save Merrill merger
Bank posts US$1.8 billion loss in Q4
- By: James Langton
- January 16, 2009 January 16, 2009
- 10:10
Citigroup posts US$8 billion fourth-quarter loss
Banking giant to separate into two separate businesses
- By: James Walker
- January 16, 2009 January 16, 2009
- 09:50