Merrill Lynch & Co. Inc. is following Citigroup in buying back its retail clients’ auction rate securities.The firm said that, effective January 15, 2009, and…
Award recognizes education efforts by fund dealers
Lower activity in capital markets, private client services
Hedge funds had negative returns in July, but continue to perform favorably against equity indices on the year, according to Greenwich Alternative Investments.The Greenwich global…
Deal expands and strengthens Canadian commercial leasing business
Second quarter revenue drops 30%
Private equity firm Blackstone Group announced that it is establishing a new business group to focus on investments in the cleantech energy sector.The new group,…
Kingsway Financial Services Inc. returned to profitability during the second quarter, marking a significant improvement over the net loss of US$34.4 million reported in the…
Second-quarter income slips 8.5%
Counterparty Risk Management Policy Group report outlines proposals to enhance the resiliency of credit markets
Q2 net falls 46%
Premiums and deposits rise 19% in the first six months of 2008
Morgan Stanley reports that it has been retained by the U.S. Department of the Treasury to provide advice regarding Treasury’s handling of Fannie Mae and…
Volatile markets trim industry assets in July
RBC today announced it has completed the acquisition of Richardson Barr & Co., a leading Houston-based energy advisory firm specializing in acquisitions and divestitures in…
Howson and Tattersall to continue with combined organization
Young companies across Canada are invited to apply to present their case to a roomful of investors. Organizers of the the ISCM Money Chase 2008:…
Precious metals fund index tumbles 12.5%
Co-operators General Insurance Co. today reported a reduced profit for the second quarter ended June 30.Consolidated net income for the quarter was $40.6 million compared…
Record growth in mortgage originations in second quarter
Value of transactions forecast to rise
Only 39% of Canadian equity active mutual funds outperformed the S&P/TSX capped composite index
Transaction will join all members of HSBC Group in Canada under one corporate structure
Northern Financial Corp. has sold eNorthern, its discount online brokerage business, to Questrade Inc.The company says eNorthern was a non-core division of Northern Securities Inc.,…