Global reinsurance industry stable for now, says S&P
Next 12 months crucial
- By: James Langton
- April 6, 2005 April 6, 2005
- 13:10
Next 12 months crucial
Waiver letter discontinued
Cites improvements in the bank's earnings, asset quality and financial risk profiles
Aim is to prepare for upcoming Basel II accord
No Canadian firms in top 10
Hepcoe, Niagara complete merger
Metro, CS CO-OP credit unions complete merger
Re-brands as HSBC Financial
Believes deeply in the bank’s mission of alleviating poverty
In most cases regulatory reporting will follow GAAP
Follows delay in filing of financials by American International Group
Fitch Ratings says when banks in trouble, they get help
Move follows management turmoil at the firm
CEO says company hopes to add 15 to 20 brokers by yearend; Q4 revenue hits record
Bank investing Canadian profits in U.S. businesses
Bank looking to improve productivity in core businesses
Sydney-based subsidiary focuses on mining sector
Advisors asked to vote on life insurance product ideas
Ex-Yorkton, Sprott broker fined $150,000
Removes bank from under review
Ratings based on strength of Manulife, John Hancock
Strong contributions from Great-West, IGM
Integrated houses lag behind thriving specialized firms
Six-year agreement to service bank's growing IT operations
Scotiabank subsidiaries show progress