Investment bank Morgan Stanley today reported lower net income for its third quarter, as its results were stung by the impact of the credit crunch.The…
Oceanex Income Fund today said it reached an agreement to sell all of its assets to South Coast Partners Limited Partnership at a price equalling…
Money management firm cites new assets and cost containment
Funds wants to alter mix of non-venture investments, add new shares
Fund company receives approval to change investment objectives
Amex Bank of Canada today said it is not affected by news that American Express has agreed to sell its international banking subsidiary American Express…
Bank’s move will bolster its position in the wealth management business
Second-quarter net profit lower despite higher revenues
New service will help Canadian exporters and importers
Variety of factors pushed many funds lower during the month
Fund industry’s first setback since October 2004 sparked by volatile markets
Firm cites ongoing market volatility in third quarter
Decision to provide support reflects difficulty firm has had in accessing longer-term funding
Nine out of 10 money managers in Canada plan to use alternative marketplaces for some of their equity trading in 2008, a big jump from…
Goldman Sachs, Acker Finlay also gain access to Pure Trading, which launched on Friday
But data experts report that client assets remain secure and there is no evidence client data was taken
Advisors who use the program can develop more effective and efficient service models
The IRC will provide independent oversight regarding conflicts of interest involving publicly offered BMO-managed investment funds
Program will use members’ dollars to help address environmental issues such as climate change
Firm has over half a million affiliates and RD$6.5 billion in AUM
Chicago-Based Harris Bank particularly well-positioned to weather difficulties facing U.S. housing market
The Investment Counsel Association of Canada is proposing specific measures to restore and maintain investor confidence
Acquisition supports firm’s long-term goal of having flexible, portable and scalable solutions across the regions where its funds are sold
Earnings likely to come under pressure at banks with substantial investment banking operations