Sun Life to redeem 8.526% cumulative capital securities
Premium will be charged to income in the first quarter
- By: IE Staff
- March 26, 2007 March 26, 2007
- 09:15
Latest news in Industry News
Global credit growth poses challenge for banking systems
Sustained high global credit growth is stretching an increasing number of developed country banking systems, including Canada’s, and remains a concern, says Fitch Ratings in…
- By: James Langton
- March 22, 2007 March 22, 2007
- 15:45
Merrill Lynch model replicates hedge fund FX strategies
Model designed to replicate the most widely used FX investment styles followed by active portfolio managers
- By: James Langton
- March 22, 2007 March 22, 2007
- 15:40
DB pension plans expect to significantly shift equity mix in next two years: survey
Plan sponsors to boost allocations to international and U.S. equities
- By: IE Staff
- March 22, 2007 March 22, 2007
- 11:10
AIC and Copernican select Citigroup for outsourcing accounting services
Citigroup today announced that its global transaction services business has been selected by AIC Limited and Copernican Capital Corp. to provide fund accounting services for…
- By: IE Staff
- March 22, 2007 March 22, 2007
- 10:45
Canadian Western Bank issues subordinated debentures
$200 million issue was privately placed with institutional investors
- By: IE Staff
- March 22, 2007 March 22, 2007
- 10:30
SRI assets grow to more than $500 billion in Canada
Investments by large public pension funds fuel increase
- By: IE Staff
- March 22, 2007 March 22, 2007
- 09:55
Westminster Savings enjoys record year
B.C. credit union reports 15.5% increase in assets
- By: IE Staff
- March 22, 2007 March 22, 2007
- 09:20
Apax, MSPI boost offer for Hub International
US$1.50 a increase follows receipt by Hub of competing proposals
- By: IE Staff
- March 22, 2007 March 22, 2007
- 08:45
Power Financial profit rises 7.5% in fourth quarter
Solid growth in earnings from subsidiaries
- By: IE Staff
- March 21, 2007 March 21, 2007
- 14:30
Legislation establishes new provincial corporation to manage Alberta’s investments
The government of Alberta announced the introduction of legislation that would establish a new provincial corporation to manage Alberta’s investments.The newly named Alberta Investment Management…
- By: James Langton
- March 21, 2007 March 21, 2007
- 10:50
Morgan Stanley reports record Q1 results
Revenues up 29%
- By: James Langton
- March 21, 2007 March 21, 2007
- 09:55
Bear Stearns, Eagle form US$500 million strategic alliance in china
Investments will help support China’s rapidly maturing and expanding retail sector
- By: James Langton
- March 20, 2007 March 20, 2007
- 15:30
BMO Capital Markets expands financial institutions equity research team
Atlanta-based analyst will focus on securities companies
- By: James Langton
- March 20, 2007 March 20, 2007
- 14:45
No ratings impact from Barclays, ABN Amro talks, Fitch says
Fitch Ratings says that the announcements by banking giants, Barclays PLC and ABN Amro Holding NV, that they have entered into exclusive preliminary discussions regarding…
- By: James Langton
- March 20, 2007 March 20, 2007
- 14:30
NYSE member firms post big jump in Q4 profits
Firms report profits of US$4.92 billion
- By: IE Staff
- March 20, 2007 March 20, 2007
- 11:55
Independent Financial Brokers introduces mid-term E&O rate reductions
New structure introduces lowered rates for mutual fund sales reps
- By: IE Staff
- March 20, 2007 March 20, 2007
- 07:10
Credit Union Centrals move forward with plans for a new national organization
Members to vote on proposed plan in June
- By: IE Staff
- March 19, 2007 March 19, 2007
- 11:50
A.M. Best withdraws rating of ICON due to merger
Insurer amalgamates with AXA General
- By: IE Staff
- March 19, 2007 March 19, 2007
- 10:30
Scotiabank explores minority stake in China’s Bank of Dalian
Chinese bank has US$8 billion in assets
- By: IE Staff
- March 19, 2007 March 19, 2007
- 09:50
Bloomberg Tradebook launches electronic FX marketplace
New FX tool preserves anonymity for institutional investors
- By: IE Staff
- March 19, 2007 March 19, 2007
- 07:40
Equitable completes financing with Canadian Western Bank
Mortgage lender augments regulatory capital to support growth
- By: IE Staff
- March 19, 2007 March 19, 2007
- 07:30
Moody’s announces plan for refinement of “joint-default analysis” methodology for bank ratings
New ratings will more closely reflect financial strength
- By: James Langton
- March 16, 2007 March 16, 2007
- 10:25
Clearing and settlement infrastructure for OTC derivatives have strengthened: report
Report focuses on the risks created by delays in documenting and confirming transactions
- By: James Langton
- March 16, 2007 March 16, 2007
- 09:45