Latest news in Industry News

CHIP signs Laurentian as referral partner

Agreement enables Quebec-based financial institution to offer Canadian Home Income Plan to senior customers

By: IE Staff
October 1, 2007 October 1, 2007
08:55

Scotiabank completes Dundee transaction

Bank of Nova Scotia announced late Friday that all regulatory approvals have been received and it has completed the $608 million transaction announced September 18,…

By: IE Staff
October 1, 2007 October 1, 2007
07:20

IFIC members gather in Toronto

Some 700 members of the Investment Funds Institute of Canada are expected to congregate at the Metro Toronto Convention Centre for the IFIC leadership conference,…

By: Kate Betts-Wilmott
September 30, 2007 September 30, 2007
15:25

Derivatives industry to speak with single voice

FIA, FOA announce new framework for co-operation

By: James Langton
September 28, 2007 September 28, 2007
14:45

Fitch downgrades Bear Stearns Asset Management

Fitch Ratings has downgraded Bear Stearns Asset Management’s rating, and the Wall Street firm remains on Rating Watch Negative.The firm dropped BSAM’s structured finance collateralized…

By: James Langton
September 28, 2007 September 28, 2007
11:15

Fitch removes BMO from rating watch

Rating agency says that it is now comfortable with bank’s measures to improve management of trading risks

By: James Langton
September 28, 2007 September 28, 2007
09:55

Financial Stability Forum meets in New York

The Financial Stability Forum met in New York over the past couple of days, noting that it sees signs of stability in money markets, but…

By: James Langton
September 27, 2007 September 27, 2007
15:55

Pan Canadian Committee of Third Party ABCP reports progress

Engages J.P. Morgan as financial advisor

By: IE Staff
September 27, 2007 September 27, 2007
11:15

Australia’s Macquarie to acquire Orion Financial

Orion's senior management team to remain in place

By: James Langton
September 27, 2007 September 27, 2007
07:20

CPP Investment Board acquires 39% stake in U.S. real estate joint venture

CPP IB invests US$125 million In US$770 million acquisition with Callahan Capital Partners

By: IE Staff
September 26, 2007 September 26, 2007
14:25

Western Financial granted approval for Ubiquity Bank acquisition

Western Financial Group and its subsidiary, Bank West, announced today that they have received all necessary approvals from regulatory authorities to complete the acquisition of…

By: IE Staff
September 26, 2007 September 26, 2007
13:20

CI still interested in acquiring DundeeWealth

Sale of banking unit to Scotiabank would be allowed to proceed

By: IE Staff
September 26, 2007 September 26, 2007
11:20

AGF profit rises in third quarter

Fund sales remain strong

By: IE Staff
September 26, 2007 September 26, 2007
09:25

CBA chief pushes for single securities regulator, tax cuts

Regulatory efficiency and tax competitiveness vital to Canada’s prosperity

By: IE Staff
September 26, 2007 September 26, 2007
08:30

State Street unit buys minority stake in Sectoral Asset Management

Montreal-based institutional manager specializes in healthcare and biotechnology sectors

By: James Langton
September 26, 2007 September 26, 2007
07:10

Dundee board rejects CI offer for DundeeWealth

Company stands by agreement with Scotiabank

By: IE Staff
September 25, 2007 September 25, 2007
15:30

Manulife subsidiaries upgraded by Moody’s

Upgrade reflects success in continually strengthening diversified and predictable earnings profile

By: IE Staff
September 25, 2007 September 25, 2007
14:25

BMO Nesbitt Burns rolls out productivity program

Brokerage to deploy PriceMetrix program to 1,330 advisors

September 25, 2007 September 25, 2007
13:30

MFS expanding into hedge funds

Sun Life Financial Inc.’s MFS Investment Management is getting into the alternative investments business. The Boston-based firm said that the first step of this expansion…

By: James Langton
September 25, 2007 September 25, 2007
10:10