Morgan Stanley posts record profit
Investment bank to spin off Discover credit card unit
- By: James Langton
- December 19, 2006 December 19, 2006
- 11:20
Latest news in Industry News
Holiday spending up 7% so far, report says
Payment network braces for 9 million card transactions on Dec. 23
- By: IE Staff
- December 19, 2006 December 19, 2006
- 09:55
Growth limits for existing trusts welcomed
Most plans put on hold will now be able to proceed, says Ernst & Young
- By: IE Staff
- December 18, 2006 December 18, 2006
- 11:15
Finance Dept. outlines growth guidelines for income trusts
Existing trusts will be allowed to double their equity capital by 2011
- By: IE Staff
- December 17, 2006 December 17, 2006
- 19:50
Merrill Lynch to withdraw Pacific Exchange listing
Merrill Lynch & Co. Inc. today announced plans to withdraw the listing of its common stock from NYSE Arca Inc., formerly the Pacific Exchange.Merrill Lynch’s…
- By: James Langton
- December 15, 2006 December 15, 2006
- 15:55
Foreign equity funds biggest sellers in November: IFIC
Mutual funds recorded almost $2.6 billion in net sales for November, according to the latest statistics from the Investment Funds Institute of Canada.IFIC reported that…
- By: James Langton
- December 15, 2006 December 15, 2006
- 11:10
Securities industry records $1.2 billion profit in Q3, IAAC says
Industry poised to post its fourth consecutive year in record profit
- By: James Langton
- December 15, 2006 December 15, 2006
- 10:40
BMO completes major upgrade to ABM network
New machines feature security enhancements
- By: IE Staff
- December 14, 2006 December 14, 2006
- 11:55
Bear Stearns, Lehman post big jumps in revenue, profit
Record results at Wall Street investment banks
- By: James Langton
- December 14, 2006 December 14, 2006
- 10:55
Nasdaq CEO welcomes proposed changes to SOX Section 404
Rules will allow companies to focus on the most important aspects of internal controls and financial reporting, Greifeld say
- By: James Langton
- December 14, 2006 December 14, 2006
- 10:40
Banks urged not to fund coal-fired power plants
The Rainforest Action Network is calling on financial institutions around the world to reject Dallas-based utility company TXU’s solicitations for US$11 billion in debt and…
- By: James Langton
- December 14, 2006 December 14, 2006
- 10:30
Citigroup buying Central American bank
Grupo Cuscatlan deal will add more than 1 million clients
- By: James Langton
- December 14, 2006 December 14, 2006
- 10:20
Investments will take the form of subordinate and equity financing
- By: IE Staff
- December 13, 2006 December 13, 2006
- 15:30
Payday loan association welcomes move to regulate lending in Canada
CPLA says new law balances consumer protection with industry needs
- By: IE Staff
- December 13, 2006 December 13, 2006
- 15:30
Ontario introduces bill to streamline corporate income tax system
Simplified system will mean significant savings for businesses
- By: IE Staff
- December 13, 2006 December 13, 2006
- 14:50
EGI Financial to enter U.S. non-standard automobile insurance market
Echelon General subsidiary signs reinsurance treaty with unit of AssuranceAmerica
- By: IE Staff
- December 13, 2006 December 13, 2006
- 12:20
Laurentian Bank appoints new CEO
Robitaille succeeds McManus
- By: IE Staff
- December 13, 2006 December 13, 2006
- 11:45
Birth month blamed for bad driving: study
Drivers born in certain months are prone to getting more tickets, or having more accidents
- By: IE Staff
- December 13, 2006 December 13, 2006
- 11:40
Industry associations issue joint statement against insider trading
A group of 12 securities industry associations issued a joint statement today reiterating their stance against insider trading.The associations say the statement reaffirms their commitment…
- By: James Langton
- December 13, 2006 December 13, 2006
- 11:10
SIFMA committee recommends approval of NASD/NYSE regulatory consolidation
The Securities Industry and Financial Markets Association’s Small Firms Committee is recommending approval of the NASD/NYSE Regulation consolidation. The committee sent a letter to more…
- By: James Langton
- December 12, 2006 December 12, 2006
- 17:15
New survey calculates cost of complying with government regulations
Five sectors spend $1.53 billion filling out forms
- By: James Langton
- December 12, 2006 December 12, 2006
- 11:30
Goldman closes record year
Annual earnings reach US$9.54 billion
- By: James Langton
- December 12, 2006 December 12, 2006
- 11:20
Industrial Alliance sells its Caribbean life insurance business
9,500 policies sold to Barbados-based Sagicor
- By: IE Staff
- December 12, 2006 December 12, 2006
- 11:15
Haywood appoints new head of London office
Brooks has helped finance more than 400 junior resource companies
- By: James Langton
- December 11, 2006 December 11, 2006
- 17:15
Mackenzie charitable foundation partners with 11 charities
Foundation uses volunteering and donations to grow niche initiatives
- By: IE Staff
- December 11, 2006 December 11, 2006
- 16:45