Latest news in Industry News

ICE acquires Creditex Group

Transaction brings together innovators in OTC products and services

By: James Langton
June 3, 2008 June 3, 2008
10:35

Wall Street compensation packages for new hires expected to drop by as much as 20%: survey

Compensation packages for new recruits on Wall Street could drop by as much as 20% this year, according to a recruiting firm survey.A survey of…

By: James Langton
June 3, 2008 June 3, 2008
09:50

Resources-heavy funds top performers in May: Morningstar Canada

Canadian equity funds sizzle

By: IE Staff
June 3, 2008 June 3, 2008
07:20

A.M. Best affirms ratings of Empire Life

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a” of Kingston, Ont.-based Empire Life Insurance…

By: IE Staff
June 2, 2008 June 2, 2008
16:10

CI Financial posts May net sales of $265 million

Retail AUM up 2.6%

By: IE Staff
June 2, 2008 June 2, 2008
15:10

Claymore unveils model ETF portfolio competition

Competition intended to show how simple it is to use ETFs to build portfolios

By: IE Staff
June 2, 2008 June 2, 2008
14:40

RBC to acquire Richardson Barr & Co.

Houston-based M&A firm specializes in oil & gas exploration and production sector

By: IE Staff
June 2, 2008 June 2, 2008
08:15

Moody’s affirms RBC’s ratings following Q2 earnings

Moody’s Investors Service has affirmed the ratings of Royal Bank of Canada (RBC) following its second quarter 2008 earnings announcement in which it reported a…

By: IE Staff
June 1, 2008 June 1, 2008
13:50

TD Securities named market maker for carbon future contract

Partnership with MCeX one component of TD’s environmental strategy

By: IE Staff
May 30, 2008 May 30, 2008
13:30

National Bank net income falls 29%

Bank takes $49 million charge on ABCP hedges

By: IE Staff
May 29, 2008 May 29, 2008
09:50

CIBC loses more than $1 billion

Bank hit with $2.48 billion charge

By: Regan Ray
May 29, 2008 May 29, 2008
09:47

RBC profit drops 27%

Q2 earnings take hit from writedowns and increased provisions for credit losses

By: IE Staff
May 29, 2008 May 29, 2008
08:45

TD profits fall 3%

Clark says results are “disappointing” but “acceptable”

By: Regan Ray
May 28, 2008 May 28, 2008
11:36

Laurentian Bank profit up 21%

Bank leaves quarterly dividend unchanged

By: IE Staff
May 28, 2008 May 28, 2008
10:10

CPP Investment Board opens international office in London

New office to focus on long-term investment opportunities in the UK and Europe

By: IE Staff
May 28, 2008 May 28, 2008
08:30

Opening bell: TD earnings on deck

Canada’s travel deficit narrows in first quarter

By: IE Staff
May 28, 2008 May 28, 2008
07:40

GMP Private Client first in Canada to be certified for fiduciary excellence

GMP Private Client L.P. has been certified for fiduciary excellence in the Investment Manager category by CEFEX, Centre for Fiduciary Excellence, LLC.GMP Private Client is…

By: IE Staff
May 27, 2008 May 27, 2008
15:10

Scotiabank profit falls 6%

But bank increases quarterly dividend

By: Regan Ray
May 27, 2008 May 27, 2008
11:23

CRA gets poor marks from small business: survey

SME owners said service getting worse

By: IE Staff
May 27, 2008 May 27, 2008
09:16

DFS insurance premiums up 11.7% in Q1

Desjardins Financial Security today announced net income of $36.3 million for the first quarter ended March 31.Income from insurance premiums continued to grow and stood…

By: IE Staff
May 27, 2008 May 27, 2008
09:10

BMO earnings drop as provisions for credit losses rise

Record earnings in private client group

By: IE Staff
May 27, 2008 May 27, 2008
08:40

HSBC in Canada rebrands asset management business

HSBC Investments (Canada) Ltd. has changed its name to HSBC Global Asset Management (Canada) Ltd., effective June 2.The name change in Canada is part of…

By: IE Staff
May 26, 2008 May 26, 2008
14:40