Latest news in Industry News

Bank of New York, Mellon Financial complete merger

Merger creates global leader in asset management and securities

By: IE Staff
July 3, 2007 July 3, 2007
07:35

Jovian splits president and CEO title

Jovian Capital Corp. has split the roles of president and CEO. Philip Armstrong will continue to serve as CEO while Mark Arthur, previously executive vice…

By: IE Staff
June 29, 2007 June 29, 2007
14:20

Bear Stearns shakes up asset management unit

Lane replace Marin as CEO

By: James Langton
June 29, 2007 June 29, 2007
12:50

Nasdaq to acquire technology firm

Directors Desk provides technology to boards of public and private companies in the U.S. and abroad

By: James Langton
June 29, 2007 June 29, 2007
09:20

Study makes case for bank mergers, bank-insurance mergers

Canadian financial system to keep pace with global integration

By: James Langton
June 28, 2007 June 28, 2007
10:50

Coastal Community chooses Credential as personal insurance and wealth management provider

Agreement consolidates credit union’s offerings

By: IE Staff
June 28, 2007 June 28, 2007
07:30

Bank of America expands Toronto-based global corporate and investment banking team

DeMelo, Riddell join Toronto office

By: IE Staff
June 28, 2007 June 28, 2007
07:20

Paulson unveils second stage of U.S. capital markets competitiveness plan

U.S. Treasury Secretary, Henry Paulson Jr., announced the next steps of his capital markets competitiveness action plan today.The plan follows Treasury’s first set of capital…

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

DFS chosen as Ontario Hospital Association benefit plans provider

Deal covers 70,000 OHA employees

By: IE Staff
June 27, 2007 June 27, 2007
12:35

S&P affirms rating for Credit Union Central of B.C.

Merger with Credit Union Central of Ontario will improve diversification

By: IE Staff
June 27, 2007 June 27, 2007
11:10

Needs of high net worth individuals grow increasingly complex

Shifts in demographics and investment patterns reinforce a “needs-based” approach by wealth management firms

By: James Langton
June 27, 2007 June 27, 2007
10:15

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

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