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
Latest news in Industry News
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
Commissions paid by Canadian institutional investors rise in 2006-2007
Electronic trading volumes hold steady
- By: James Langton
- September 25, 2007 September 25, 2007
- 10:10
RBC named to Climate Disclosure Leadership Index 2007
Bank ranked first among Canadian financial institutions; second among North American
- By: IE Staff
- September 25, 2007 September 25, 2007
- 08:30
CDO managers facing cutbacks: report
Manager impairment rates may reach 20% for all CDO asset managers across all collateral types
- By: James Langton
- September 25, 2007 September 25, 2007
- 07:40
CI kicks off bidding war for DundeeWealth
Unsolicited offer tops bid from Scotiabank
- By: IE Staff
- September 25, 2007 September 25, 2007
- 07:30
White paper provides recommendations for more thorough, accurate and clear financial information
CFA Institute Centre for Financial Market Integrity releases Comprehensive Business Reporting Model
- By: IE Staff
- September 24, 2007 September 24, 2007
- 14:15
NexgenRx and Co-operators sign agreement
Insurer to roll out NexgenRx extended health and dental adjudication services in early 2008
- By: IE Staff
- September 24, 2007 September 24, 2007
- 12:30
Co-operators launches national TV campaign
Commercials emphasize breadth of products and services
- By: IE Staff
- September 24, 2007 September 24, 2007
- 09:47
TD Securities equity algorithms available on Bloomberg Professional
Bloomberg users gain access to firm’s algorithms
- By: IE Staff
- September 24, 2007 September 24, 2007
- 09:15
DBRS gives bill of health to four Wall St. firms
DBRS has confirmed the ratings on the four big Wall St. brokerage firms that reported earnings last week: Goldman Sachs Group, Morgan Stanley, Lehman Brothers…
- By: James Langton
- September 23, 2007 September 23, 2007
- 15:01
Golf Town unitholders approve sale, redemption of units
Golf Town Income Fund today said a special meeting of unitholders voted in favour of a resolution authorizing the sale of all of the indirect…
- By: IE Staff
- September 21, 2007 September 21, 2007
- 16:25
MFDA seeks to change membership approval rules
The Mutual Fund Dealers Association of Canada is seeking to revise its membership approval process.The proposed amendments aim to streamline and clarify the process, and…
- By: James Langton
- September 21, 2007 September 21, 2007
- 15:12
BCE shareholders vote 97% in favour of takeover
BCE Inc. shareholders today approved a takeover of the company by a consortium led by Teachers’ Private Capital, Providence Equity Partners and Madison Dearborn Partners.Common…
- By: IE Staff
- September 21, 2007 September 21, 2007
- 12:05
HSBC Finance pulling out of U.S. subprime sector
HSBC Finance Corp. today said it is getting out of the U.S. subprime wholesale mortgage business, a move that will affect 750 employees.The firm will…
- By: James Langton
- September 21, 2007 September 21, 2007
- 11:44
Grey Island Systems reaches Deloitte Technology Fast 50
Grey Island Systems International Inc. today said it is now ranked among the Deloitte Technology Fast 50, a ranking of the fastest-growing technology companies in…
- By: IE Staff
- September 21, 2007 September 21, 2007
- 10:28
MD Funds unitholders approve changes to funds
Unitholders of MD US Large Cap Growth Fund and MD US Large Cap Value Fund have voted in favour of changes to the investment objectives…
- By: IE Staff
- September 21, 2007 September 21, 2007
- 09:47
National Bank Financial fined $795,000 by IDA
The Investment Dealers Association said it has imposed $795,000 in discipline penalties on National Bank Financial for violations of various bylaws and regulations.The penalty, plus…
- By: IE Staff
- September 20, 2007 September 20, 2007
- 14:41
Scotiabank signs $480 million IT deal with IBM
IBM Corp. today said it signed a $480 million multi-year agreement to manage Scotiabank’s information technology operations, including data centres, branches, automatic banking machines and…
- By: IE Staff
- September 20, 2007 September 20, 2007
- 11:47
Goldman Sachs profit soars; Bear Stearns earnings slide
The Goldman Sachs Group Inc. weathered the credit market storm much better than many firms, such as rival Bear Stearns Cos Inc., today reporting a…
- By: James Langton
- September 20, 2007 September 20, 2007
- 09:07
Qatar Investment buys 20% of London Stock Exchange Group
London Stock Exchange Group PLC today said the Qatar Investment Authority has acquired a 20% holding in the company. The exchange said its board is…
- By: James Langton
- September 20, 2007 September 20, 2007
- 08:40
Nasdaq and Borse Dubai reach deal on OMX and LSE
Nasdaq and the Borse Dubai, rather than fighting over the OMX Group, are teaming up to create a new global exchange that includes all three…
- By: James Langton
- September 20, 2007 September 20, 2007
- 08:26