Latest news in Industry News

Canadian Tire mulling sale of mortgages, GICs

Retailer may expand financial products line-up

By: IE Staff
March 1, 2006 March 1, 2006
17:30

Legal uncertainty increases risk for institutions dealing with U.S. insurers

Financial institutions face increased risk in trading with U.S. insurers due to different state laws, Fitch Ratings cautions.The firm says that a lack of legal…

By: James Langton
March 1, 2006 March 1, 2006
17:30

Brokerage profits expected to soften

Wall Street firms took a breather in Q4, says S&P

By: James Langton
March 1, 2006 March 1, 2006
17:15

BMO profit rises in Q1

Results released one day early

By: IE Staff
March 1, 2006 March 1, 2006
16:55

Mavrix adopts shareholder rights plan

No take-over bid made, firm says

By: IE Staff
March 1, 2006 March 1, 2006
15:30

GMP profit rises following income trust conversion

GMP Capital Trust today today reported a larger profit in its abbreviated 2005 financial year following its conversion to an income trust than in any…

By: IE Staff
March 1, 2006 March 1, 2006
12:50

UBS opens hedge fund office in Toronto

UBS has opened a new hedge fund services office in Toronto to provide a range of hedge fund administration services for international asset managers. The…

By: James Langton
March 1, 2006 March 1, 2006
10:30

AGF Trust completes loan securitization

AGF Trust Co., a provider of mortgages and consumer loans, has completed the sale of a portfolio of RSP loans with a book value of…

By: IE Staff
March 1, 2006 March 1, 2006
10:10

Desjardins Group profit jumps 23% in Q4

Higher business volumes in all units

By: IE Staff
March 1, 2006 March 1, 2006
09:30

TD outlook revised to positive: S&P

Royal Bank outlook revised to stable

By: James Langton
February 28, 2006 February 28, 2006
14:10

Moody’s to rate Canadian ABCP issuers

Independent research to cover $80 billion market

By: James Langton
February 28, 2006 February 28, 2006
13:24

Equitable Group reports improve Q4 profit

Mortgage lender ups dividend

By: IE Staff
February 28, 2006 February 28, 2006
11:30

Laurentian Bank profits slips in Q1

Mutual fund sales up 50% from a year ago

By: IE Staff
February 28, 2006 February 28, 2006
11:20

Desjardins Securities signs up with CanDeal

Electronic fixed-income marketplace welcomes 10th dealer

By: IE Staff
February 28, 2006 February 28, 2006
11:10

SEC approves merger and NYSE and Archipelago

NYSE shares to begin trading March 8

By: James Langton
February 28, 2006 February 28, 2006
10:15

Compliance costs rising rapidly: study

Significant portion of increases are avoidable, SIA argues

By: James Langton
February 28, 2006 February 28, 2006
08:25

Asset management firms urged to spend more on client service

Companies under-investing in key function, Greenwich says

By: James Langton
February 27, 2006 February 27, 2006
15:15

Sun Life U.S., M Financial form distribution relationship

Insurer’s products to be marketed to affluent clients

By: IE Staff
February 27, 2006 February 27, 2006
12:30

H&R Block miscalculates its taxes

U.S. firm’s stock loses 9.49%

By: IE Staff
February 24, 2006 February 24, 2006
14:46

Saxon to launch F class units

Firm courting fee-based advisor channel

By: IE Staff
February 24, 2006 February 24, 2006
11:23

BMO releases corporate responsibility report

Bank made $29.5 million in donations

By: IE Staff
February 24, 2006 February 24, 2006
11:15

Industrial Alliance completes preferred share offering

Five million shares at $25 each

By: IE Staff
February 24, 2006 February 24, 2006
10:08

GrowthWorks Atlantic Venture Fund hires new manager

GrowthWorks Atlantic Venture Fund announced yesterday that it has hired Bernard Greene to manage the Fund’s investment portfolio in Newfoundland & Labrador.“The Fund is committed…

By: IE Staff
February 24, 2006 February 24, 2006
09:53