Assets of high net worth individuals rise to US$37.2 trillion
World’s high net worth population now stands at 9.5 million
- By: James Langton
- June 27, 2007 June 27, 2007
- 10:10
Latest news in Industry News
AGF reports strong Q2 results
Net income from continuing operations up 128%
- By: IE Staff
- June 27, 2007 June 27, 2007
- 09:10
Bear Stearns to provide US$1.6 billion facility to High-Grade Fund
Asset sales reduce need for financing
- By: James Langton
- June 27, 2007 June 27, 2007
- 07:20
Peak to acquire the assets of AXA Financial Services
AFS advisors to gain access to Peak’s back, front office services
- By: IE Staff
- June 26, 2007 June 26, 2007
- 15:30
Foreign takeovers a wakeup call for Canada to become more competitive globally, says IIAC
Single regulator would lower regulatory burden in capital markets, and improve competitiveness
- By: IE Staff
- June 26, 2007 June 26, 2007
- 15:10
Raymond James launches custody business to support Canadian wealth management firms
Raymond James Streamline forges alliance with HighView Financial
- By: IE Staff
- June 26, 2007 June 26, 2007
- 13:50
Jovian reports weaker earnings
Jovian Capital Corp. today reported lower earnings for the fourth quarter and year ended March 31.Jovian reported earnings for the year of $2 million after…
- By: IE Staff
- June 26, 2007 June 26, 2007
- 13:35
DBRS affirms ratings for Bear Stearns
Impact of actions to stabilize failing hedge fund expected to be limited
- By: James Langton
- June 26, 2007 June 26, 2007
- 12:40
Scotiabank buys Canadian online broker TradeFreedom
Bank of Nova Scotia today announced the signing of a definitive agreement to acquire TradeFreedom Securities Inc., a privately owned and dynamic Canadian online brokerage…
- By: IE Staff
- June 26, 2007 June 26, 2007
- 12:35
BMO Capital Markets launches system to accelerate accounts receivable and insurance claims for healthcare providers
Partners with HealthLogic to launch Web-based service
- By: James Langton
- June 26, 2007 June 26, 2007
- 12:25
Manulife to acquire Berkshire-TWC
Purchase will significantly expand Manulife wealth management business in Canada
- By: IE Staff
- June 26, 2007 June 26, 2007
- 09:30
Excel Funds chooses CIBC Mellon for asset servicing
CIBC Mellon to act as custododian for fund family
- By: IE Staff
- June 26, 2007 June 26, 2007
- 09:15
Canada’s corporate tax rate among the world’s highest: KPMG
GST rate is relatively low
- By: IE Staff
- June 26, 2007 June 26, 2007
- 07:45
New rights for shareholders pose risk for bondholders, Moody’s says
Short-term investors could press companies harder for short-term gains
- By: James Langton
- June 26, 2007 June 26, 2007
- 07:30
Actuaries release prescription for Canada’s ailing pension system
Proposals aimed at encouraging employers to create and maintain DB plans
- By: IE Staff
- June 25, 2007 June 25, 2007
- 13:15
Hub International to acquire Unity Group Insurance
Deal expands Hub’s presence in Southwestern Ontario
- By: IE Staff
- June 25, 2007 June 25, 2007
- 07:25
Bear Stearns plans US$3.2 billion hedge fund bailout
Financing will improve fund’s liquidity, reduce leverage
- By: James Langton
- June 22, 2007 June 22, 2007
- 12:40
A.M. Best affirms Great-West Lifeco ratings
Stable outlook assigned to all ratings
- By: IE Staff
- June 22, 2007 June 22, 2007
- 11:55
CI completes private placements of trust units
Proceeds used to pay down debt
- By: IE Staff
- June 22, 2007 June 22, 2007
- 10:55
Mercer Investment Consulting honoured with environmental award
2007 GLOBE Award for Capital Markets and Sustainable Investment
- By: IE Staff
- June 22, 2007 June 22, 2007
- 10:45
A.M. Best takes rating actions on 52 Canadian P&C insurers
Five firms upgraded
- By: IE Staff
- June 22, 2007 June 22, 2007
- 09:55
Caisse acquires an interest in UK gas transporter
High quality asset meet private equity group investment criteria
- By: IE Staff
- June 22, 2007 June 22, 2007
- 09:30
RBC makes $250,000 donation to after-school programs across Canada
Donation marks national First for You Day celebrating RBC clients
- By: IE Staff
- June 22, 2007 June 22, 2007
- 08:30
U.S. Supreme Court hands securities industry second major victory in two weeks, SIFMA says
The Securities Industry and Financial Markets Association applauded a U.S. Supreme Court decision today, which endorsed a high pleading standard for class-action securities lawsuits. SIFMA…
- By: James Langton
- June 21, 2007 June 21, 2007
- 15:45