National Bank Financial acquires stake in Wellington West
The move is part of National Bank Financial’s strategy to invest in wealth-management across Canada
- By: IE Staff
- September 22, 2008 September 22, 2008
- 08:58
Latest news in Industry News
Week of dramatic change foreshadows global slowdown in financial services
“Prepare for a round of overregulation,” industry warned
- By: Megan Harman
- September 21, 2008 September 21, 2008
- 14:15
BMO Capital Markets raises $1.7 million for education
BMO Capital Markets announced today it raised $1.7 million on its Equity Through Education charitable trading day.On Sept. 17, commissions earned on all the firm’s…
- By: Megan Harman
- September 19, 2008 September 19, 2008
- 14:37
BMO to redeem preferred shares
Bank of Montreal today announced that on Nov. 25, 2008, it will redeem all of its Non-Cumulative Class B Preferred Shares Series 6. The redemption…
- By: IE Staff
- September 19, 2008 September 19, 2008
- 13:30
National Bank snaps up Retirement Option Group
Acquisition boosts bank’s wealth management presence in Quebec
- By: IE Staff
- September 19, 2008 September 19, 2008
- 09:55
Gluskin Sheff profit drops in fourth quarter
Volatile markets bite into AUM
- By: IE Staff
- September 19, 2008 September 19, 2008
- 09:50
Managed Funds Association takes issue with crack down on short selling
The Managed Funds Association (MFA), the voice of the global alternative investment industry, is criticizing regulators’ efforts to curb short selling as a way to…
- By: James Langton
- September 18, 2008 September 18, 2008
- 15:10
Great-West Lifeco reveals $448 million investment in Lehman, AIG securities
Insurer expects to record charge to Q3 income
- By: IE Staff
- September 18, 2008 September 18, 2008
- 10:30
Lloyds to buy HBOS for US$22 billion
Proposed UK bank merger to enhance stability within financial markets, FSA says
- By: James Langton
- September 18, 2008 September 18, 2008
- 09:15
Lortie and Russell spar over national securities regulator
Industry leaders debate costs and Canada's enforcement record
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 15:15
Sun Life, Kingsway reveal holdings of AIG, Lehman securities
Sun Life Financial Inc. today revealed that its exposure to troubled insurance giant American International Group Inc. is about US$315 million of bonds.The U.S. government…
- By: IE Staff
- September 17, 2008 September 17, 2008
- 14:10
Sell-side firms prime targets for acquisition: report
Demise of stand-alone investment banks will likely lead to sharp decline in use of structured products
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 10:50
Belzberg U.S. dealer unit approved to hold customer accounts
Technology-based brokerage services firm Belzberg Technologies Inc. announced today that its wholly owned U.S. broker-dealer, Electronic Brokerage Systems, LLC, has received final approval from the…
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 09:45
3Macs reaches 150-year milestone
Anniversary celebrated at TSX market open
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 09:35
BMO Capital Markets donates trading commissions to support education
Day’s commissions tagged for Equity Through Education
- By: Megan Harman
- September 17, 2008 September 17, 2008
- 09:25
Risk aversion among fund managers hits new high as recession beckons: Merrill Lynch
6 of 10 expect negative global growth
- By: James Langton
- September 17, 2008 September 17, 2008
- 09:10
Morgan Stanley profit slips in Q3
Core client franchise achieved solid revenue growth, profitability
- By: James Langton
- September 17, 2008 September 17, 2008
- 07:15
Value gap draws activist shareholders to target companies
Corporate turnaround takes time, so investors can’t expect significant returns within a quarter or two
- By: Megan Harman
- September 16, 2008 September 16, 2008
- 15:10
AGF challenges competitors to raise $135,000 for Juvenile Diabetes Research Foundation
2008 Ride for Diabetes Research takes place Sept. 19
- By: IE Staff
- September 16, 2008 September 16, 2008
- 11:40
Goldman Sachs posts big profit drop
Revenues tumble in investment banking, trading divisions
- By: IE Staff
- September 16, 2008 September 16, 2008
- 08:30
AIG ratings cut by Fitch, A.M. Best
A couple of rating agencies have downgraded their ratings on troubled insurance giant American International Group, Inc.A.M. Best Co. has downgraded the financial strength rating…
- By: James Langton
- September 16, 2008 September 16, 2008
- 07:30
New CEO to lead AEGON Canada, Transamerica Life Canada
Brooks succeeds Reaburn
- By: IE Staff
- September 15, 2008 September 15, 2008
- 15:50
MFDA’s proposed client relationship model adds to regulatory burden: Advocis
Advisors uneasy about MFDA’s public consultation process
- By: IE Staff
- September 15, 2008 September 15, 2008
- 15:20
BMO Harris Private Banking expands in Halifax
New offices houses 20-person team
- By: IE Staff
- September 15, 2008 September 15, 2008
- 14:55
IFIC sounds the alarm on POS disclosure
Joint Forum revisions fail to address framework’s key problems
- By: Megan Harman
- September 15, 2008 September 15, 2008
- 14:30