Lazard earnings edge higher
Three-year plan for asset management deemed a success
- By: James Langton
- May 8, 2007 May 8, 2007
- 09:55
Latest news in Industry News
Banks to increase use of credit portfolio risk models, says Fitch
The increasing use of credit portfolio risk models by financial institutions will accelerate with the establishment of Basel II, says Fitch Ratings in a news…
- By: James Langton
- May 8, 2007 May 8, 2007
- 09:50
Citi targets US$50 billion over 10 years to address climate change
Includes significant Increases in financing of alternative energy, clean technology, and other carbon-emission reduction activities
- By: James Langton
- May 8, 2007 May 8, 2007
- 09:45
Guardian Capital selects RBC Dexia for custody, recordkeeping and fund administration
RBC Dexia welcomes newest client in the Canadian market
- By: IE Staff
- May 8, 2007 May 8, 2007
- 09:10
DBRS confirms Kingsway ratings
Specialty insurer is well positioned to avoid the worst of the softening of inurance cycle
- By: IE Staff
- May 7, 2007 May 7, 2007
- 10:50
B.C. credit unions post second-best performance on record
Hot real estate market fuels demand for mortgages, other loans
- By: IE Staff
- May 7, 2007 May 7, 2007
- 09:45
Banknorth Q1 earnings to add $23 million to TD results
TD Bank Financial Group says that it expects TD Banknorth’s first quarter earnings to translate into second quarter net income for its U.S. personal and…
- By: IE Staff
- May 7, 2007 May 7, 2007
- 09:10
Home Capital net income jumps 49.2% in first quarter
Home Capital Group Inc. today announced strong financial results for the first quarter of 2007. The company says it experienced particularly strong asset growth, resulting…
- By: IE Staff
- May 7, 2007 May 7, 2007
- 08:50
IGM Financial net income, AUM increase in Q1
Subsidiary firms Investors Group and Mackenzie Financial also saw AUM increases
- By: IE Staff
- May 6, 2007 May 6, 2007
- 15:30
BMO appoints initial members of IRC
Six professionals, independent of the firm, will perform the functions required of an IRC
- By: IE Staff
- May 4, 2007 May 4, 2007
- 16:02
Sentry Select announces error in Sentry Select Commodities Income Trust redemption
Net realized proceeds per unit calculation reveals an understatement of $0.0604 per unit
- By: IE Staff
- May 4, 2007 May 4, 2007
- 13:19
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
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