Banks to provide global-style liquidity back-up lines to support its existing commitments
BMO, TD lines to be converted
- By: IE Staff
- August 22, 2007 August 22, 2007
- 10:30
Latest news in Industry News
Banking industry awards Winnipeg police officers’ fight against bank crime
Officers to receive Canadian Banks' Law Enforcement Award
- By: IE Staff
- August 22, 2007 August 22, 2007
- 09:55
Industrial Alliance reassures money market investors
Firm will buy all non-bank-sponsored asset-backed commercial paper held in the Industrial Alliance Group’s money market funds
- By: IE Staff
- August 21, 2007 August 21, 2007
- 14:50
Moody’s affirms ratings of National Bank
Any losses accruing to the bank as a result $2 billion of non-bank administered ABCP are very likely to be well-below one-year’s pre-tax, pre-provision earnings
- By: James Langton
- August 21, 2007 August 21, 2007
- 13:30
Big six banks confirm commitment to bank-sponsored ABCP
Central bank hails commercial paper market support
- By: IE Staff
- August 21, 2007 August 21, 2007
- 12:30
Selkirk Funding Trust unable to fund maturing ABCP, says DBRS
Assets continue to be strong from a credit perspective
- By: James Langton
- August 21, 2007 August 21, 2007
- 11:30
CPP Investment Board invests $573 million in the ProLogis European Properties Fund II
Denver-based fund is the leading global developer and operator of distribution facilities in Europe
- By: IE Staff
- August 21, 2007 August 21, 2007
- 09:30
DBRS confirms National Bank ratings
Ratings agency cites bank’s solid capital ratios
- By: James Langton
- August 20, 2007 August 20, 2007
- 15:40
Wellington West Holdings to fully acquire Wellington West Capital Markets
100% ownership will enhance partnership between capital markets and full service brokerage
- By: IE Staff
- August 20, 2007 August 20, 2007
- 14:35
Advocis helps advisors meet new anti-money laundering regulations
Advocis today launched a new series of support services to assist its members integrate the new obligations under the Proceeds of Crime and Terrorist Financing…
- By: IE Staff
- August 20, 2007 August 20, 2007
- 12:10
Nasdaq announces review of alternatives to divest its stake in the London Stock Exchange
Proceeds from any sale would be used to retire debt
- By: James Langton
- August 20, 2007 August 20, 2007
- 09:10
ICE announces amended definitive agreement to acquire Winnipeg Commodity Exchange
$50 million deal expected to close in third quarter
- By: James Langton
- August 20, 2007 August 20, 2007
- 08:50
Moody’s expects lower Q3 earnings for some banks
Possible ratings downgrades ahead
- By: James Langton
- August 19, 2007 August 19, 2007
- 15:45
IIAC says investment environment remains strong
Correction to be expected in such a strong market, says Russell
- By: IE Staff
- August 17, 2007 August 17, 2007
- 14:30
Pacific & Western confirms no exposure in subprime market
Niche lender focuses on providing financing to low risk markets
- By: IE Staff
- August 17, 2007 August 17, 2007
- 13:40
Canadian bank ratings unaffected by turmoil in nonbank ABCP market
Liquidity is sound, S&P says
- By: IE Staff
- August 17, 2007 August 17, 2007
- 09:45
Toronto Stock Exchange sees pink
Canadian Breast Cancer Foundation officially opens TSX
- By: IE Staff
- August 17, 2007 August 17, 2007
- 09:30
Home Capital to buy PSiGate
Home Capital Group Inc. has entered into a definitive agreement to pay $1.60 a share in cash for Payment Services Interactive Gateway Corp. (PSiGate). The…
- By: IE Staff
- August 17, 2007 August 17, 2007
- 08:40
Coventree fails to place the remainder of its maturing asset-backed commercial paper
Attempts to roll-over maturing ABCP into new ABCP in Coventree’s conduits were unsuccessful
- By: James Langton
- August 17, 2007 August 17, 2007
- 07:40
Real estate exchange looks for opportunities in Quebec
- By: IE Staff
- August 16, 2007 August 16, 2007
- 15:20
Canada’s big banks comment on asset-backed commercial paper market
Banks supportive of industry restructuring of non-bank asset-backed commercial paper market
- By: IE Staff
- August 16, 2007 August 16, 2007
- 14:55
U.S. securities firms well capitalized, Fitch says
Big five remain strong despite credit crisis
- By: James Langton
- August 16, 2007 August 16, 2007
- 11:45
Address secure retirement issues, IFIC urges Finance committee
IFIC recommends Ottawa keep its promise to eliminate the capital gains tax
- By: James Langton
- August 16, 2007 August 16, 2007
- 09:25
DBRS confirms Goldman Sachs rating following hedge fund investment
Goldman to invest in Global Equity Opportunities Fund
- By: James Langton
- August 15, 2007 August 15, 2007
- 15:10
Fund sales enjoy best July since 1997: IFIC
Mutual fund net sales came in just shy of $3 billion for July, the largest total for the month of July since 1997, according to…
- By: James Langton
- August 15, 2007 August 15, 2007
- 11:20