Management changes at National Bank
Seasoned team will report to incoming CEO Vachon
- By: IE Staff
- June 4, 2007 June 4, 2007
- 07:44
Latest news in Industry News
CI Financial reports strong net sales and record assets for May
For year-to-date, CI had gross sales of $5.5 billion and net sales of $1.3 billion
- By: IE Staff
- June 3, 2007 June 3, 2007
- 14:09
Amendments to Securities Act to receive royal assent
Main amendments deal with take-over bids and issuer bids
- By: James Langton
- June 1, 2007 June 1, 2007
- 15:13
Hurricane outlook poses challenge for U.S. insurers
Above average storm season would affect primary insurers, reinsurers differently
- By: James Langton
- June 1, 2007 June 1, 2007
- 13:15
CIBC celebrates 15th annual employee diversity month
Celebrations tie in with new business initiatives targeting diverse client groups and major cultural sponsorships
- By: IE Staff
- June 1, 2007 June 1, 2007
- 13:10
Westminster Savings Credit Union acquires Mercado Capital
Purchase of equipment leasing company will give the credit union a market presence in Ontario
- By: IE Staff
- June 1, 2007 June 1, 2007
- 10:50
Laurentian Bank of Canada reports growth in Q2
Revenue, net income all up over previous year
- By: IE Staff
- June 1, 2007 June 1, 2007
- 10:27
Enron reaches agreement with Credit Suisse
All bankruptcy proceedings between Enron and Credit Suisse have now been resolved
- By: James Langton
- June 1, 2007 June 1, 2007
- 10:06
Covington Strategic Capital Fund to acquire Financial Industry Opportunities Fund
The acquisition will see the addition of $5.1 million in assets to the Covington fund
- By: IE Staff
- June 1, 2007 June 1, 2007
- 09:40
Russell transition management services earn top rankings
Russell Investment Group has again been recognized for its excellence as a transition manager, based on the recently announced results of two independent industry surveys…
- By: IE Staff
- June 1, 2007 June 1, 2007
- 08:50
TSX acquires Equicom Group
Acquisition will provide platform to launch investor relations products and services
- By: IE Staff
- June 1, 2007 June 1, 2007
- 07:50
AIG to invest in GHG abatement project company
Investment will be used to accelerate the development of GHG reduction projects
- By: James Langton
- May 31, 2007 May 31, 2007
- 14:37
Ontario court of appeal orders new trial over MX shares sale
The appeal court agreed with UBS’ s argument that the trial judge erred by not applying the objective test for contract formation
- By: James Langton
- May 31, 2007 May 31, 2007
- 13:03
Sun Life Financial completes acquisition of Genworth’s Employee benefits group
Acquisition increases Sun Life's access to markets, broadens its product and service offerings and strengthens its distribution platform
- By: IE Staff
- May 31, 2007 May 31, 2007
- 11:50
Banks must abide by provincial rules on promoting insurance products: SCC
The Supreme Court of Canada agrees with lower courts that certain promotion of insurance products was not banking related
- By: James Langton
- May 31, 2007 May 31, 2007
- 10:20
National Bank sees net income growth in Q2
Total revenue for three main divisions all up
- By: IE Staff
- May 31, 2007 May 31, 2007
- 10:05
CIBC sees strong results in Q2
Net income, earnings per share, return on equity all up from year prior
- By: IE Staff
- May 31, 2007 May 31, 2007
- 09:51
Wachovia to acquire A.G. Edwards
Merger will create a retail brokerage with US$1.1. trillion in AUM
- By: James Langton
- May 31, 2007 May 31, 2007
- 09:05
Citigroup acquires minority stake in BATS Trading
ECN complements Citi’s in-house electronic execution capabilities
- By: James Langton
- May 31, 2007 May 31, 2007
- 08:30
Fitch affirms TD ratings; revises outlook
Action follows TD Ameritrade’s announcement to acquire a portion of Fiserv’s Investment Support Services business
- By: James Langton
- May 30, 2007 May 30, 2007
- 14:55
Ethical Funds to bring together mining, First Nations leaders
Roundtable to discuss evolving standards of free, prior and informed consent
- By: IE Staff
- May 30, 2007 May 30, 2007
- 13:10
MBNA Canada Bank to acquire CUETS
Sale is in the best interest of credit union clients and their members, CUETS chairman says
- By: IE Staff
- May 30, 2007 May 30, 2007
- 11:35
Home Capital opens Quebec branch
New branch expected to close over $100 million in mortgages in 2007
- By: IE Staff
- May 30, 2007 May 30, 2007
- 11:25