Fitch affirms Fannie, Freddie long-term ratings
Downgrades Fannie Mae's preferred stock rating
- By: James Langton
- July 17, 2008 July 17, 2008
- 14:30
Latest news in Industry News
Hedge funds fuel growth of equity trading commissions
Hedge funds continue to play a big role in driving the growth of U.S. equity trading commissions, according to new research from Greenwich Associates.The commissions…
- By: James Langton
- July 17, 2008 July 17, 2008
- 14:25
TD Ameritrade profit up 29%
Online brokerage expected to contribute $74 million to TD Bank’s wealth management earnings
- By: IE Staff
- July 17, 2008 July 17, 2008
- 09:20
J.P. Morgan profit tumbles in second quarter
Earnings hit by unfavorable credit environment and market conditions
- By: James Langton
- July 17, 2008 July 17, 2008
- 09:10
Genworth, TD Canada Trust to comply with new mortgage rules
Mortgage insurer Genworth Financial Canada says its products will comply with the federal government’s recently announced adjustments to the rules for government guaranteed mortgages aimed…
- By: IE Staff
- July 16, 2008 July 16, 2008
- 15:10
Institutional clients have changed their view of fixed-income dealers: Greenwich
J.P. Morgan enhanced its reputation among U.S. institutional investors by standing by its fixed-income clients during the worst of the global credit crisis, according to…
- By: James Langton
- July 16, 2008 July 16, 2008
- 13:30
U.S. mortgage insurance industry facing rough ride
Industry has underestimated both the scope and severity of the decline, says Fitch Ratings
- By: James Langton
- July 16, 2008 July 16, 2008
- 13:25
Fund manager gloom grows over global economy
Inflation fears abate as recession risks loom larger
- By: James Langton
- July 16, 2008 July 16, 2008
- 11:25
Equitable Group raises $39.6 million through public offering, private placement
Equitable Group Inc. today announced that it has closed its previously announced “bought deal” financing of 1.6 million common shares at $21.50 per common share,…
- By: IE Staff
- July 16, 2008 July 16, 2008
- 11:10
IFIC seminar explains how new telemarketing rules will affect advisors
New telemarketing legislation is coming into force at the end of September that could seriously affect the way financial advisors prospect for new investors and…
- By: IE Staff
- July 16, 2008 July 16, 2008
- 10:25
TMX chooses Lava ColorBook for smart order routing
TMX Group Inc. and Citigroup Inc. today announced an agreement to provide Toronto Stock Exchange and TSX Venture Exchange participating organizations with a smart order…
- By: IE Staff
- July 16, 2008 July 16, 2008
- 10:10
Wells Fargo hikes dividend
Profit drops in Q2, but revenue rises to record US$11.5 billion
- By: IE Staff
- July 16, 2008 July 16, 2008
- 08:30
Time for a single securities regulator: CBA
Retail investors outside B.C., Alberta and Ontario are limited in their ability to participate in IPOs
- By: IE Staff
- July 16, 2008 July 16, 2008
- 07:40
Money market funds rake in bulk of June sales: IFIC
Total assets under management drop
- By: IE Staff
- July 15, 2008 July 15, 2008
- 13:50
FEI Canada calls for national securities regulator
Association recommends a principles-based approach to securities regulation
- By: IE Staff
- July 15, 2008 July 15, 2008
- 13:10
Scotiabank to buy E*Trade Canada
Bank of Nova Scotia announced Monday that it will purchase E*Trade Canada from U.S.-based parent E*Trade Financial Corp. Under the agreement, Scotiabank will purchase E*Trade…
- By: IE Staff
- July 15, 2008 July 15, 2008
- 09:10
Kingsway to retire majority of short term debt
Kingsway Financial Services Inc. today announced that prior to the end of July it intends to repay all amounts outstanding under its US$175 million three…
- By: IE Staff
- July 14, 2008 July 14, 2008
- 07:20
BMO drops 40-year mortgage program
Maximum amortization period will be set at 35 years
- By: IE Staff
- July 14, 2008 July 14, 2008
- 07:15
Possible bailout of U.S. mortgage firms rattles markets
Fannie Mae, Freddie Mac shares plunge
- By: James Langton
- July 13, 2008 July 13, 2008
- 11:25
SIFMA calls SEC’s proposed market data order “fatally flawed”
The Securities Industry and Financial Markets Association is calling on the US Securities and Exchange Commission to revise its proposed treatment of market data fees.SIFMA…
- By: James Langton
- July 11, 2008 July 11, 2008
- 15:10
egX Group seeks exemption registering as an exchange in Ontario
The Ontario Securities Commission has published a draft order that would exempt a firm from registering as an exchange in Ontario.According to the request for…
- By: James Langton
- July 11, 2008 July 11, 2008
- 12:40
Citigroup to sell German retail banking operation
Citigroup Inc. today announced that it is selling its German retail banking unit for US$7.7 billion.The banking giant said it has entered into a definitive…
- By: James Langton
- July 11, 2008 July 11, 2008
- 09:30
New CLHIA brochure helps consumers choose travel insurance
The Canadian Life and Health Insurance Association (CLHIA) released on its Web site today a new information brochure, A guide to travel health insurance, to…
- By: IE Staff
- July 10, 2008 July 10, 2008
- 14:10
Capital One joins forces with SeniorBusters to help seniors spot fraud
Canadian seniors lose $6 million annually to fraudulent marketing and financial scams
- By: IE Staff
- July 10, 2008 July 10, 2008
- 09:25
Canada leads world in online banking usage
Bank of Montreal sites achieve fastest visitor growth during past year
- By: IE Staff
- July 10, 2008 July 10, 2008
- 09:15