Asset management solutions firm HighView Financial Group Inc. has entered a strategic partnership with London, England-based Fortune Asset Management Ltd. to provide alternative asset management…
Complexity, credit crisis pushes back October completion date
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…
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…
Risk in the banks’ U.S. businesses is increasing
Pensions down 10.1% year-to-date: RBC Dexia
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…
Credit crisis has highlighted the need for clear presentation of financial information
Survey reveals the top challenges and rewards experienced by small business owners
Definition of the Personal Financial Planning Process is far too narrow under the proposed rule, Institute says
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…
Banking giant cuts 11,000 jobs
Swiss banks raise capital
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…
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…
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…
Managers waiting for signals to buy
Investment bank unit sees profits improve
New corporation would pay quarterly cash dividends at rate of 12¢ a share
Voluntary principles reflect investment practices and objectives
New capital infusion called an effective short-term tool for dealing with financial crisis
Insurer to take $250 million hit from credit losses
Shift to private market assets blunts impact of credit crisis
Equity deal strengthens bank’s capital position: Fitch