TD Bank to raise $1.2 billion through common share offering
Proceeds to boost Tier 1 Capital
- By: IE Staff
- November 24, 2008 November 24, 2008
- 17:25
Latest news in Industry News
RBC warns of 15% profit drop in Q4
Loan losses estimated at $620 billion
- By: IE Staff
- November 24, 2008 November 24, 2008
- 16:25
Few players fully ceasing securities lending to hedge funds, panel says
Margin requirements for securities lending likely to increase
- By: Megan Harman
- November 24, 2008 November 24, 2008
- 15:45
Money-manager Stilwell demands presence on Kingsway board
Specialty insurer working with co-financial advisors Houlihan Lokey and Scotia Capital
- By: IE Staff
- November 24, 2008 November 24, 2008
- 14:15
Noteholders approve amendments to trust indetures of Manulife subsidiary
Noteholders of John Hancock Canadian Corp. (JHCC) have approved certain amendments to the trust indenture governing the company’s 6.672% Senior Unsecured Notes due May 31,…
- By: IE Staff
- November 24, 2008 November 24, 2008
- 13:55
Oliver Martin trust fund set up to assist children with learning disabilities
Russell Investments Canada donates $20,000
- By: Megan Harman
- November 24, 2008 November 24, 2008
- 10:35
U.S. bails out Citigroup in US$306 billion rescue plan
Treasury will invest US$20 billion from TARP in exchange for preferred stock
- By: James Langton
- November 24, 2008 November 24, 2008
- 08:15
TMX Group outlines growth strategy to analysts
Market turmoil offers opportunity to create centralized clearinghouse for derivatives market
- By: Olivia Glauberzon
- November 23, 2008 November 23, 2008
- 17:45
IBAO warns about ongoing insurance scam
Policy holders receiving fraudulent calls from people claiming to be from their insurance company
- By: IE Staff
- November 23, 2008 November 23, 2008
- 16:15
TARP funds unlikely to affect U.S. bank ratings: Moody’s
The U.S. government’s Troubled Assets Relief Program (TARP) is a positive for banks that tap the program, says Moody’s Investors Service in a new report.…
- By: IE Staff
- November 23, 2008 November 23, 2008
- 15:45
Moody’s downgrades outlook for TD
Bank’s risk positioning may have weakened
- By: IE Staff
- November 23, 2008 November 23, 2008
- 14:45
Pacific & Western looking to raise capital
Lender hires Scotia Capital as financial advisor
- By: IE Staff
- November 21, 2008 November 21, 2008
- 14:20
Actuaries look for more common ground to resolve issues facing DB pension plans
CIA commends problem-solving focus of Ontario Expert Commission report
- By: IE Staff
- November 21, 2008 November 21, 2008
- 12:12
Caisse switches to passive management for in-house international equity portfolios
Returns do not justify active management
- By: IE Staff
- November 20, 2008 November 20, 2008
- 16:35
Canadian CFAs give lower score to regulatory regime
Ethics and integrity in Canadian financial markets rated higher by investment professionals outside the country
- By: IE Staff
- November 20, 2008 November 20, 2008
- 16:15
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
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