M&A activity among asset managers climbs in Q3 amid financial crisis
Consolidation expected among hedge fund companies and other alternative asset managers
- By: IE Staff
- October 7, 2008 October 7, 2008
- 08:20
Latest news in Industry News
Citigroup, Wells Fargo, Wachovia agree to standstill
Citi had filed a complaint against the other two earlier in the day seeking US$60 million in damages
- By: James Langton
- October 6, 2008 October 6, 2008
- 16:02
Investment funds associations meet to discuss economic and demographic trends
Delegates from over 30 countries gather in Montreal
- By: IE Staff
- October 6, 2008 October 6, 2008
- 11:35
Allianz to invest US$2.5 billion in Hartford
Insurance and financial service firm warns of Q3 loss
- By: James Langton
- October 6, 2008 October 6, 2008
- 09:35
Sun Life sells stake in CI to Scotiabank for $2.3 billion
Timing of deal raises concern among analysts
- By: James Langton
- October 6, 2008 October 6, 2008
- 08:10
Citigroup to take on Wells Fargo in Wachovia deal
Citi says it had exclusivity agreement with Wachovia; it has also been providing liquidity to the bank since Monday
- By: James Langton
- October 5, 2008 October 5, 2008
- 16:10
UBS to focus on core businesses
Swiss firm to exit commodities, downsize real estate and securitization and proprietary trading, among others
- By: James Langton
- October 3, 2008 October 3, 2008
- 09:35
Wells Fargo to buy Wachovia
Deal requires no financial assistance from the FDIC or any other government agency
- By: James Langton
- October 3, 2008 October 3, 2008
- 09:26
Transaction to limit CIBC’s exposure to U.S. subprime mortgage crisis
Portfolio investment by Cerberus will allow CIBC to reduce downside risk while preserving upside potential
- By: IE Staff
- October 3, 2008 October 3, 2008
- 08:39
Mutual funds suffer massive net redemptions in September
But some companies saw modest positive net sales while bank-owned firms took a nosedive
- By: James Langton
- October 2, 2008 October 2, 2008
- 16:29
Flames Captain Jarome Iginla joins Scotiabank as special advisor
The NHL star will focus on promoting the launch of Scotiabank’s ScotiaHockey Visa in person and on TV commercials
- By: IE Staff
- October 2, 2008 October 2, 2008
- 12:45
CIAs reveal 2008 analysts and jurors
Winners to be announced at gala event on Dec. 3 in Toronto
- By: IE Staff
- October 2, 2008 October 2, 2008
- 09:54
All long-term fund indices suffered losses in September: Morningstar data
Energy, equity, U.S. funds were pummelled during the month as the financial crisis spread
- By: IE Staff
- October 2, 2008 October 2, 2008
- 08:08
P.E.I. allows advisors to incorporate
Newfoundland and Labrador and Alberta are the two remaining holdouts in allowing advisors to adopt the business structure
- By: IE Staff
- October 1, 2008 October 1, 2008
- 14:29
Crisis sparks financial services M&A
The financial services sector has gone from being the quietest sector in M&A to the busiest in a very short period of time
- By: James Langton
- October 1, 2008 October 1, 2008
- 14:23
CGI joins Banking Industry Architecture Network
CGI plans to help BIAN by contributing expertise in building enterprise-wide service-oriented architecture
- By: Megan Harman
- October 1, 2008 October 1, 2008
- 10:13
NYSE Euronext completes acquisition of Amex
NYSE Euronext will now operate a dual market structure offering
- By: James Langton
- October 1, 2008 October 1, 2008
- 09:43
Man Investments opens Calgary office
The office will act as a hub to Western Canada
- By: Megan Harman
- October 1, 2008 October 1, 2008
- 09:31
Morgan Stanley reaches deal to sell off 21% stake
The US$9 billion investment will bolster Morgan Stanley’s capital and liquidity positions
- By: James Langton
- September 29, 2008 September 29, 2008
- 15:26
Advocis moves forward on Do Not Call List legislation
Advocis is aiming to ensure that members are compliant and can effectively continue to do business as the rules come into effect
- By: IE Staff
- September 29, 2008 September 29, 2008
- 14:24
Small investor organization launches
The Canadian Foundation for the Advancement of Investor Rights aims to represent investors in securities regulation
- By: IE Staff
- September 29, 2008 September 29, 2008
- 12:33