UBS unveils final terms of rights issue
UBS AG announced the terms of its planned new issue to raise almost 16 billion Swiss francs ($15.3 billion) in fresh capital.Shareholders will be allotted…
- By: James Langton
- May 22, 2008 May 22, 2008
- 09:10
Latest news in Industry News
U.S. securities issuance hit US$1.43 trillion in Q1
Sharpest declines in credit risk-sensitive sectors, SIFMA reports
- By: James Langton
- May 21, 2008 May 21, 2008
- 16:11
Credit Suisse AES now linked to RiverCross
Firm attempts to boost liquidity by expanding network of dark pools
- By: James Langton
- May 21, 2008 May 21, 2008
- 16:09
EdgePoint adds fifth partner to the team
Goss joins Bousada’s firm
- By: IE Staff
- May 21, 2008 May 21, 2008
- 12:52
Losses cut in to hedge fund assets in first quarter
Hedge fund assets totaled US$2.85 trillion in the first quarter of 2008, down about 1.4% from the prior quarter, according to estimates from HedgeFund.net.HedgeFund.net reports…
- By: James Langton
- May 21, 2008 May 21, 2008
- 11:25
BATS opens Wall Street office
BATS Trading Inc., the upstart alternative trading system based in Kansas City is making its way to Wall Street, opening a new office there.“We are…
- By: James Langton
- May 21, 2008 May 21, 2008
- 09:20
UBS completes sale of U.S. real estate related assets to BlackRock
UBS today announced that it has closed on the sale of approximately US$15 billion of residential mortgage-backed securities to a newly created distressed asset fund…
- By: James Langton
- May 21, 2008 May 21, 2008
- 09:10
Scotiabank makes new investment in Peru
Scotiabank Peru acquires Banco del Trabajo
- By: IE Staff
- May 20, 2008 May 20, 2008
- 15:15
Credit Suisse launches new long/short equity replication index
Credit Suisse has launched the first of planned series of indexes designed to replicate hedge fund strategies.The Credit Suisse Long/Short Equity Replication Index aims to…
- By: James Langton
- May 20, 2008 May 20, 2008
- 14:45
Three investment banks agree to provide reciporical dark pool access
Goldman Sachs, Morgan Stanley and UBS
- By: James Langton
- May 20, 2008 May 20, 2008
- 09:10
Court delays decision on ABCP plan
Judge seeks additional submissions
- By: IE Staff
- May 19, 2008 May 19, 2008
- 15:30
Desjardins books ABCP writedown of $220 million
Desjardins Group has booked an additional $220 million writedown on asset-backed commercial paper, nearly doubling its ABCP-related charges to $493 million.The country’s largest credit union,…
- By: IE Staff
- May 16, 2008 May 16, 2008
- 07:30
Kingsway overhauls management team
Walsh elected non-executive chairman of the board
- By: IE Staff
- May 15, 2008 May 15, 2008
- 15:15
Fund sales down sharply in April: IFIC
Mutual fund industry net sales slumped in April, yet assets swelled, as markets recovered, according to the latest data from the Investment Funds Institute of…
- By: James Langton
- May 15, 2008 May 15, 2008
- 11:45
Ivey launches leadership renewal program for professional women returning to work
CIBC provides $1 million as founding sponsor
- By: IE Staff
- May 15, 2008 May 15, 2008
- 10:40
CDS now an affiliate of IIAC
Firm to provide clearing and settlement expertise
- By: James Langton
- May 15, 2008 May 15, 2008
- 09:30
Citigroup names Hopkins chief innovation officer
Citigroup Inc. has established the new position of chief innovation officer to drive cross-business, client-focused innovation across the company.The firm appointed Deborah Hopkins to the…
- By: James Langton
- May 15, 2008 May 15, 2008
- 07:10
Royal Bank to take $855 million in writedowns
Q2 writedowns no surprise, analysts say
- By: IE Staff
- May 14, 2008 May 14, 2008
- 14:30
UBS unveils senior management changes in investment banking unit
Bank moves to strengthen risk control function
- By: James Langton
- May 14, 2008 May 14, 2008
- 12:15
ACPM aims to intervene in Kerry case
Association looking for affirmation of previous court decision
- By: IE Staff
- May 14, 2008 May 14, 2008
- 11:33
IBAO launches website for insurance quotes
Site aims to help consumers choose brokers and insurance policies
- By: IE Staff
- May 14, 2008 May 14, 2008
- 10:40
Moody’s supplements structured ratings with new measures
Two measures will provide more clarity
- By: James Langton
- May 14, 2008 May 14, 2008
- 10:15
Canadian firms say corruption decreasing: survey
Mining companies cite highest incidences of corrupt practices
- By: IE Staff
- May 14, 2008 May 14, 2008
- 09:33
Subprime losses by global banks total US$400 billion: Fitch
Banks have disclosed 83% of losses
- By: James Langton
- May 14, 2008 May 14, 2008
- 09:20