Fincentric signs agreement with 7 of Canada’s largest credit unions
Deal extends support for current technology platform until 2012
- By: IE Staff
- October 12, 2006 October 12, 2006
- 13:10
Latest news in Industry News
Canadian Tire launches retail banking pilot
Savings accounts, mortgages and GICs offered in a two city launch
- By: IE Staff
- October 12, 2006 October 12, 2006
- 10:45
Relying on a weak currency limits Canadian investment, productivity: report
The current strong value of the Canadian dollar has raised concerns about its potential negative effect on exports and competitiveness. A recent study casts doubt…
- By: IE Staff
- October 12, 2006 October 12, 2006
- 10:20
Investor sentiment eases amid concerns about real estate, registered savings
First decline in two years: survey
- By: IE Staff
- October 12, 2006 October 12, 2006
- 09:45
BMO Harris Private Banking opens Saskatchewan office
Office in Saskatoon will provide wealth management services to high net worth clients
- By: IE Staff
- October 12, 2006 October 12, 2006
- 08:55
AIMA Canada announces executive committee membership
Three new members join committee
- By: IE Staff
- October 12, 2006 October 12, 2006
- 08:40
RBC Dexia top ranked custodian by Canadian clients
Joint venture continues to register outstanding scores for client service
- By: IE Staff
- October 11, 2006 October 11, 2006
- 15:55
Scotiabank unit acquires US$900 million in precious metals loans from Bank of America
Deal strengthens firm’s position as global bullion leader
- By: IE Staff
- October 11, 2006 October 11, 2006
- 09:20
Visa announces global restructuring
Publicly traded Visa Inc. to list stock on major exchange
- By: IE Staff
- October 11, 2006 October 11, 2006
- 08:40
Goodman & Co. to be converted into an income trust
Approximately 15% of Goodman will be offered to public by way of an IPO
- By: IE Staff
- October 10, 2006 October 10, 2006
- 16:25
Bear Stearns acquires ECC Capital’s mortgage banking platform
Bear Stearns will take over Encore Credit’s operating centers and it will also acquire selected portfolios of whole loans
- By: James Langton
- October 10, 2006 October 10, 2006
- 16:15
Subprime mortgage market to grow faster than traditional market
With 50% annual growth, subprime mortgage market is the fastest-growing segment of the market
- By: James Langton
- October 10, 2006 October 10, 2006
- 16:11
Merrill Lynch buys stake in alternative investment firm
ML commits proprietary capital to be invested in hedge funds
- By: James Langton
- October 10, 2006 October 10, 2006
- 12:08
Lack of data, pricing biggest obstacles to processing OTC derivatives
And current infrastructure provides limited and insufficient support for the pricing and processing of derivatives
- By: James Langton
- October 10, 2006 October 10, 2006
- 12:08
Pacific & Western Bank of Canada opens Calgary office
Bank will be in closer proximity to Western-based financial institutions and intermediaries
- By: IE Staff
- October 10, 2006 October 10, 2006
- 10:28
CI appoints experienced value manager to lead CI Canadian Investment Fund
Daniel Bubis has outperformed the Canadian equity market in five of the past six calendar years
- By: IE Staff
- October 10, 2006 October 10, 2006
- 09:45
Some banks have difficulty converting their risk-taking activities into stable earnings, says Moody’s
Report examines risk management practices at big six banks
- By: James Langton
- October 6, 2006 October 6, 2006
- 14:40
Credit Union Centrals take steps to create national business organization
Venture would offering greater lending and investment options, along with comprehensive payment and settlement services
- By: IE Staff
- October 6, 2006 October 6, 2006
- 13:50
Financial Action Task Force to meet in Vancouver
Members to discuss measures to combat money laundering by terrorists and criminals
- By: IE Staff
- October 6, 2006 October 6, 2006
- 11:15
National Bank Financial partners with Free The Children
Makes $1.5 million cash commitment to childhood development and youth empowerment
- By: IE Staff
- October 5, 2006 October 5, 2006
- 09:20
HSBC Bank Canada becomes sponsor of Calgary Flames
HSBC Bank Canada has signed an agreement to become the largest financial sponsor of the Calgary Flames National Hockey League team until the end of…
- By: IE Staff
- October 4, 2006 October 4, 2006
- 13:30
Wawanesa receives superior financial stability rating for 7th straight year
Rating reflects strong level of capitalization
- By: IE Staff
- October 4, 2006 October 4, 2006
- 10:30
MFC Global targets institutional market in the U.S.
Boston-based unit renamed, board membership changed
- By: IE Staff
- October 4, 2006 October 4, 2006
- 09:45