ABCP restructuring plan delayed
Complexity, credit crisis pushes back October completion date
- By: IE Staff
- October 20, 2008 October 20, 2008
- 10:35
Latest news in Industry News
Scotiabank launches ScotiaGlobal and integrated payments
Bank of Nova Scotia’s Global Transaction Banking (GTB) division today announced the launch of ScotiaGlobal electronic banking, an integrated, online cash management tool. Also announced…
- By: IE Staff
- October 20, 2008 October 20, 2008
- 08:35
LOMA to offer online education to Independent Financial Brokers
LOMA has partnered with Independent Financial Brokers (IFB) to offer online continuing education to members. IFB provides continuing education to Canada’s financial services professionals through…
- By: IE Staff
- October 19, 2008 October 19, 2008
- 14:10
Domestic operations bolster Canadian banks during economic slowdown: S&P
Risk in the banks’ U.S. businesses is increasing
- By: James Langton
- October 19, 2008 October 19, 2008
- 12:45
Market turbulence batters Canadian pensions
Pensions down 10.1% year-to-date: RBC Dexia
- By: IE Staff
- October 17, 2008 October 17, 2008
- 08:55
AIG agrees to curb expenses
American International Group, Inc. and New York State attorney general Andrew Cuomo have reached an agreement to curb expenditures at the failed insurance giant.Cuomo met…
- By: James Langton
- October 16, 2008 October 16, 2008
- 16:10
IASB, FASB launch consultation on proposed enhancements to the presentation of financial statements
Credit crisis has highlighted the need for clear presentation of financial information
- By: James Langton
- October 16, 2008 October 16, 2008
- 13:10
Cash flow is No. 1 concern of small business owners: survey
Survey reveals the top challenges and rewards experienced by small business owners
- By: Megan Harman
- October 16, 2008 October 16, 2008
- 11:30
IAFP outlines concerns with proposed IIROC financial planning rule
Definition of the Personal Financial Planning Process is far too narrow under the proposed rule, Institute says
- By: Megan Harman
- October 16, 2008 October 16, 2008
- 10:20
CUs contribute a record $35.8 million to community programs
Thursday is International Credit Union Day, and credit unions across Canada are celebrating their efforts in community support that grew by 3% in 2007, according…
- By: Megan Harman
- October 16, 2008 October 16, 2008
- 10:15
Citigroup reports Q3 net loss of US$2.8 billion
Banking giant cuts 11,000 jobs
- By: James Langton
- October 16, 2008 October 16, 2008
- 09:19
Switzerland pumps billions into bank rescue plan
Swiss banks raise capital
- By: James Langton
- October 16, 2008 October 16, 2008
- 07:55
Merril Lynch loss balloons on writedowns
Merrill Lynch today reported a US$5.1 billion net loss from continuing operations for the third quarter, compared with a US$2.4 billion loss in the same…
- By: James Langton
- October 16, 2008 October 16, 2008
- 07:35
Desjardins Securities, NBF reach settlement in broker-raiding case
Desjardins Securities and National Bank Financial say they have come to an amicable settlement in a case related to the departure of investment advisors from…
- By: IE Staff
- October 15, 2008 October 15, 2008
- 15:15
Investors flee mutual funds in September
Canadian investors withdrew billions of dollars from mutual funds in September, according to the latest data from the Investment Funds Institute of Canada.Total mutual fund…
- By: James Langton
- October 15, 2008 October 15, 2008
- 12:55
Fund managers resigned to recession reality: survey
Managers waiting for signals to buy
- By: James Langton
- October 15, 2008 October 15, 2008
- 11:35
Writedowns hurt J.P. Morgan Q3 results
Investment bank unit sees profits improve
- By: James Langton
- October 15, 2008 October 15, 2008
- 08:40
CI to convert to a corporation
New corporation would pay quarterly cash dividends at rate of 12¢ a share
- By: IE Staff
- October 15, 2008 October 15, 2008
- 07:55
Sovereign wealth funds group unveils governance principles
Voluntary principles reflect investment practices and objectives
- By: James Langton
- October 14, 2008 October 14, 2008
- 16:10
Central bank efforts address key risks facing U.S. banks, Moody’s
New capital infusion called an effective short-term tool for dealing with financial crisis
- By: James Langton
- October 14, 2008 October 14, 2008
- 15:30
Manulife remains well capitalized despite Q3 charge, D’Alessandro says
Insurer to take $250 million hit from credit losses
- By: Megan Harman
- October 14, 2008 October 14, 2008
- 12:35
OMERS opens London office
Shift to private market assets blunts impact of credit crisis
- By: IE Staff
- October 14, 2008 October 14, 2008
- 11:50
Mitsubishi UFJ closes US$9 billion investment in Morgan Stanley
Equity deal strengthens bank’s capital position: Fitch
- By: James Langton
- October 14, 2008 October 14, 2008
- 07:25
Spain’s Banco Santander buying rest of Sovereign
Spain’s Banco Santander, SA announced Monday that it is buying out the 75% of Sovereign Bancorp Inc., that it didn’t already own.Banco Santander is to…
- By: James Langton
- October 14, 2008 October 14, 2008
- 07:25