Credit Suisse shareholders approve proposals, bid adieu to CEO
Brady Dougan will assume the role of CEO on May 5 and take over the position from Oswald Grübel
- By: James Langton
- May 4, 2007 May 4, 2007
- 11:00
Latest news in Industry News
Merrill Lynch Canada issues medium-term notes
$17.5 million issued under the firm’s Merrill Lynch Commodity Step-up Securities, Series 1
- By: IE Staff
- May 4, 2007 May 4, 2007
- 10:26
Excel Funds establishes independent review committee
IRC includes industry veterans Karen Fisher, Morgan Mccague and Michael Yanai
- By: IE Staff
- May 3, 2007 May 3, 2007
- 16:31
Fairfax Financial Holdings sees declines across the board in Q1
Declines reflect increasingly competitive conditions in global insurance and reinsurance markets
- By: IE Staff
- May 3, 2007 May 3, 2007
- 16:09
Sales revenue, net interest income, EBITDA all rise significantly
- By: James Langton
- May 3, 2007 May 3, 2007
- 15:42
Pay-day lending bill becomes law
New law gives provinces and territories the flexibility to regulate the pay-day lending industry
- By: IE Staff
- May 3, 2007 May 3, 2007
- 14:31
Rogers Associate Financial Partners sells subsidiary
Canada Debt Assistance Inc. sold to Canam Credit Corp.
- By: IE Staff
- May 3, 2007 May 3, 2007
- 11:37
Great-West Lifeco reports 15% net income increase in Q1
AUM increased by $3.9 billion in Canada during the quarter to $100.4 billion
- By: IE Staff
- May 3, 2007 May 3, 2007
- 11:13
Cunningham Lindsey Group Inc. Q1 revenue increases year-over-year
European, British divisions see revenue increase, Canadian and U.S. divisions see decline
- By: IE Staff
- May 3, 2007 May 3, 2007
- 10:20
Manulife Financial reports strong Q1 earnings
Total funds under management reach record of $426 billion
- By: IE Staff
- May 3, 2007 May 3, 2007
- 10:04
UBS moves hedge funds to investment bank division
The move comes amid a trading loss of 150 million Swiss francs attributed to U.S. mortgage securities industry
- By: James Langton
- May 3, 2007 May 3, 2007
- 09:57
UBS net profit attributable to shareholders falls in Q1
However, UBS says that its Q1 performance also shows the strength of the wealth management business
- By: James Langton
- May 3, 2007 May 3, 2007
- 09:52
Dealers to launch alternative trading system
New equities trading platform to increase competitiveness
- By: IE Staff
- May 3, 2007 May 3, 2007
- 08:15
Fund sales have best April since 1998, says IFIC
TD edges out RBC for sales lead
- By: James Langton
- May 3, 2007 May 3, 2007
- 07:35
CIBC Asset Management adds Hamon to its investment manager lineup
Hamon Investment Management will be the sub-advisor of the Talvest China Plus Fund and the Talvest Asian Fund
- By: IE Staff
- May 2, 2007 May 2, 2007
- 15:55
Kingsway’s net income drops in Q1
Gross and net premiums decrease year-over-year
- By: IE Staff
- May 2, 2007 May 2, 2007
- 15:22
Empire Life announces record AUA in 2006 yearend results
Total AUA increased 22%; shareholders’ net income rose 88%
- By: IE Staff
- May 2, 2007 May 2, 2007
- 15:08
NYSE has world’s lowest overall cost of trading
Elkins/McSherry report says costs on the exchange improved from Q4, when it was still ranked first
- By: James Langton
- May 2, 2007 May 2, 2007
- 14:57
InterncontinentalExchange reports record quarterly net income
However, Q1 represents the first quarter that NYBOT is included in ICE’s financial results
- By: James Langton
- May 2, 2007 May 2, 2007
- 11:07
National Bank of Canada and BNP Paribas join forces in hedge fund managed accounts
National Bank of Canada and BNP Paribas intend to make Innocap Investments Management Inc. the leading provider of managed accounts for investors worldwide
- By: IE Staff
- May 2, 2007 May 2, 2007
- 10:00
Industrial Alliance starts the year on a strong note
Firm sees 20% increase in net income and 14% increase in premiums and deposits in Q1
- By: IE Staff
- May 2, 2007 May 2, 2007
- 09:52
Brookfield Asset Management announces strong Q1 results
The firm is also undertaking several new shareholder initiatives
- By: IE Staff
- May 2, 2007 May 2, 2007
- 09:42
Majority of indices continue to outpace actively managed funds, says SPIVA scorecard
Less than half of Canadian equity funds outperformed the benchmark S&P/TSX composite index
- By: IE Staff
- May 2, 2007 May 2, 2007
- 09:26
Citigroup to purchase Bisys Group
Citigroup aims to become a major provider of hedge fund and mutual fund services with the acquisition
- By: James Langton
- May 2, 2007 May 2, 2007
- 09:17
Credit Suisse income grows 17% in Q1 from year earlier
Success during the quarter demonstrated the continued progress of the bank’s business model
- By: James Langton
- May 2, 2007 May 2, 2007
- 09:10