DBRS upgrades ratings on CIBC
The rating action confirms DBRS’s view that the bank continues to make progress in raising capital ratios
- By: James Langton
- April 4, 2007 April 4, 2007
- 11:18
Latest news in Industry News
CI Financial completes offer to acquire Rockwater
Rockwater also announces key management change
- By: IE Staff
- April 4, 2007 April 4, 2007
- 10:14
Bank of Nova Scotia opens four new branches in Malaysia
The new branches will complement Scotiabank’s existing Malaysian operations
- By: IE Staff
- April 4, 2007 April 4, 2007
- 09:52
HSBC Bank Canada announces new issue of subordinated debentures
The transaction is subject to regulatory approval and expected to close on April 9
- By: IE Staff
- April 4, 2007 April 4, 2007
- 08:49
Long-term fund sales estimated at $17 billion for Q1: IFIC
RBC, TD continue as sales leaders in March
- By: IE Staff
- April 3, 2007 April 3, 2007
- 16:30
CI Financial implements new standards for independent review committees
The board has followed the general principles set out in NI 81-107
- By: IE Staff
- April 3, 2007 April 3, 2007
- 16:18
Mackenzie broadens Series T offerings by adding flagship funds
Tax-efficient income options now available on more funds and asset-allocation programs
- By: IE Staff
- April 3, 2007 April 3, 2007
- 16:11
Sprott Asset Management launches the Sprott Global Equity Fund
Sylvain Ratelle joins Sprott as investment strategist, will assist with new fund
- By: IE Staff
- April 3, 2007 April 3, 2007
- 15:49
Macquarie Financial opens Vancouver office to serve key Western markets
Vancouver office allows firm to be closer to to its western broker network
- By: IE Staff
- April 3, 2007 April 3, 2007
- 10:38
Fund investors enjoy gains in first quarter: Morningstar
Small & mid cap equity funds lead the pack
- By: IE Staff
- April 3, 2007 April 3, 2007
- 09:35
Credential and Quasar announce new partnership
Credential to provide fund dealer and MGA services
- By: IE Staff
- April 3, 2007 April 3, 2007
- 08:50
Banking reform crucial to China’s economic development: report
Banking in China is inefficient and ill-equipped to handle the country’s emerging complex market system, says a new report commissioned by the Asia Pacific Foundation…
- By: IE Staff
- April 3, 2007 April 3, 2007
- 07:50
Impax Funds Management updates change of control
Impax is now a wholly owned subsidiary of JovFunds Management Inc.
- By: IE Staff
- April 2, 2007 April 2, 2007
- 16:08
CI Financial reports record asset levels for March
Average assets rose 5% from the record-setting previous quarter
- By: IE Staff
- April 2, 2007 April 2, 2007
- 16:04
U.S. securities industry sees record profits in 2006
Full-year profits reached US$33.1 billion, up 88.2% from the US$17.6 billion earned in 2005
- By: James Langton
- April 2, 2007 April 2, 2007
- 15:44
Credential Financial and the Mouvement des caisses populaires acadiennes announce partnership
As the Mouvement’s new carrying dealer, Credential will provide best practices and back-office services
- By: IE Staff
- April 2, 2007 April 2, 2007
- 15:43
Thai bank could benefit from Scotiabank’s expertise, ratings agency says
Thanachart Capital to remain holding company of group
- By: James Langton
- April 2, 2007 April 2, 2007
- 15:30
Privacy Commissioner concludes investigation of SWIFT
Firm did not contravene PIPEDA when it complied with lawful subpoenas served outside Canada
- By: IE Staff
- April 2, 2007 April 2, 2007
- 11:15
Canadian banks overcome challenges in 2006 to set record profit
But more challenges, especially those relating to the International Financial Reporting Standards and Basel II, are still to come
- By: IE Staff
- April 2, 2007 April 2, 2007
- 09:23
Kingsway completes purchase of Mendota Insurance
Company writes non-standard automobile insurance business in 20 states
- By: IE Staff
- April 2, 2007 April 2, 2007
- 07:55
Policy reform is critical to Canada’s global success: report
New Conference Board publication suggests ways Canada could dismantle barriers and make trade and investment gains
- By: IE Staff
- March 30, 2007 March 30, 2007
- 10:54
Man Financial to be spun off in a U.S. public offering
The proposed spinoff will take places as an IPO on the NYSE in Q3
- By: James Langton
- March 30, 2007 March 30, 2007
- 09:51
Fairfax acquires additional Cunningham Lindsey shares
Following the purchase, Fiarfax will own 84.1% of the subordinate voting shares
- By: IE Staff
- March 29, 2007 March 29, 2007
- 16:05