Latest news in Industry News

Law firm mulls auction for ABCP noteholder voting rights

Initiative aimed at getting better value for retail investors

By: IE Staff
April 3, 2008 April 3, 2008
09:20

Investors flock to money market funds in March: IFIC

Industry assets grow despite market turmoil

By: James Langton
April 3, 2008 April 3, 2008
07:25

Link Up Markets launched to simplify cross-border securities dealings

Initiative will launch in 2009

By: James Langton
April 2, 2008 April 2, 2008
16:02

CIBC ratings trend cut

DBRS concerned about bank’s risk management

By: James Langton
April 2, 2008 April 2, 2008
15:30

Jovian increases stake in BetaPro

Jovian Capital Corp. has entered into a binding letter of intent to acquire an approximately 15% further interest in BetaPro Management Inc. for $5,224,000, in…

By: IE Staff
April 2, 2008 April 2, 2008
15:20

IFB unveils corporate E&O solution for insurance agencies

New program underwritten by Echelon General

By: IE Staff
April 2, 2008 April 2, 2008
14:45

RBC opens office in Chile

Bank will focus on high net worth clients

By: IE Staff
April 2, 2008 April 2, 2008
13:10

Travelers introduces Wrap+ management liability policy suite in Canada

Travelers today announced the availability of a management liability policy with comprehensive coverage and flexible options for Canadian firms.The product, called Wrap+, offers a suite…

By: James Langton
April 2, 2008 April 2, 2008
10:50

GMP Private Client extends commitment to PriceMetrix

PriceMetrix announced today that GMP Private Client L.P. has signed a multi-year agreement to continue its use of the PriceMetrix ValueOne Program.“The commitment to renew…

By: IE Staff
April 2, 2008 April 2, 2008
10:40

Foreign equity funds plummet during first quarter: Morningstar

Sliding loonie cushions fall for Canadian investors

By: IE Staff
April 2, 2008 April 2, 2008
07:30

CI Financial reports March net sales

CI Financial Income Fund today reported net sales of $452 million in March 2008, and assets under management of $65.8 billion and total fee-earning assets…

By: IE Staff
April 1, 2008 April 1, 2008
15:40

Fitch cuts outlook for Lehman Brothers

Lack of an active securitization market will negatively impact earnings, rating agency says

By: James Langton
April 1, 2008 April 1, 2008
10:15

UBS warns of first quarter loss

Chairman Ospel to step down

By: IE Staff
April 1, 2008 April 1, 2008
09:30

Great-West completes sale of U.S. health care business

Lifeco aims to focus on financial services business in the U.S.

By: Regan Ray
April 1, 2008 April 1, 2008
09:23

Fitch to rate fund of hedge fund managers

Fitch Ratings has begun rating fund of hedge fund (FoHF) managers.The rating agency says that, as with all its manager ratings, Fitch will issue FoHF…

By: James Langton
March 31, 2008 March 31, 2008
16:30

ABCP committee hits the road to sell its restructuring plan

Crawford faces confused and angry investors

By: Regan Ray
March 31, 2008 March 31, 2008
12:44

Commerce deal brings TD attractive U.S. retail franchise: Fitch

Stable outlook reflects expectation for favourable financial results

By: James Langton
March 31, 2008 March 31, 2008
11:45

Scotiabank launches global social networking initiative to help increase innovation

Bank uses wikis and blogs to create “community without borders”

By: IE Staff
March 31, 2008 March 31, 2008
11:15

Citigroup unveils new organizational structure and leadership team

Reorganization driven by global business reviews

By: James Langton
March 31, 2008 March 31, 2008
10:30

Central banks must continue providing liquidity as long as needed, FSF says

Report identifies key weaknesses underlying market turmoil and recommends actions to enhance market resilience

By: James Langton
March 31, 2008 March 31, 2008
10:20

TD Bank completes acquisition of Commerce Bancorp

TD Bank Financial Group today announced that it has completed the acquisition of Commerce Bancorp.“This marks a tremendous step forward in TD’s history as a…

By: IE Staff
March 31, 2008 March 31, 2008
10:10