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…
A.M. best downgrades ratings on four Kingsway subsidiaries
Firms forced to cut costs
Ratings agency says conversion isn’t a cure for economic downturn
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…
Reimbursements to be settled by Jan. 30, company says
Cash flow up, but low interest rates hurting interest receivable
Note-holders to receive new notes within three business days
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…
State Street Investor Confidence Index advances in January
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,…
Bank of Canada called on to boost transparency on its decision-making procedures
Video, book designed to educate clients
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…
Cost-benefit analysis would be welcome
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…
S&P program facilitates secondary trading of Canadian companies in U.S.
Bank posts US$1.8 billion loss in Q4
Banking giant to separate into two separate businesses
Companies advised to remain committed to long-term goals