Lehman Brothers to raise US$6 billion
Fitch downgrades firm's ratings
- By: James Langton
- June 9, 2008 June 9, 2008
- 15:40
Fitch downgrades firm's ratings
The Bank for International Settlements says that risk tolerance has been rising since mid March, as credit market conditions have improved, and the climate for…
Instinet Europe Ltd. says that efforts to open up competition in the European trading market, via the region’s new regulatory regime known as MiFID, has…
Nephila Capital specializes in insurance-linked securities
Company well positioned to compete and grow in global economy
UBS says that it will close its investment bank’s institutional municipal securities business by winding it down, rather than trying to sell it.The exit of…
Canadian Western Bank today reported at 14% rise in profit for the second quarter ended April 30.Net income for the quarter was $25.3 million, or…
Alliance offers expertise to oil & gas, energy and mining companies
Report lays out framework for analyzing risks, along with specific recommendations to address them
First North American financial institution to sign-on
New York Stock Exchange member firms lost more than US$14.5 billion in the first quarter, the exchange reported.The NYSE said that firms that conduct business…
Regulator approves payment of commissions into corporations
Year-to-date sales of long-term funds slip into net redemptions
ABCP held by CUC Ontario no longer an obstacle
A number of pressure points continue to build for major UK banks and 2008 performance is likely to be weaker, says Fitch Ratings in a…
Transaction brings together innovators in OTC products and services
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…
Canadian equity funds sizzle
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…
Retail AUM up 2.6%
Competition intended to show how simple it is to use ETFs to build portfolios