Latest news in Industry News

Many Canadians would use retirement funds to get by in event of serious illness: survey

RBC poll shows older Canadiasn more likely to use retirement savings

By: IE Staff
December 9, 2004 December 9, 2004
11:50

GMP Capital reports earnings, declares special dividend

Firm to start hiring advisors soon, says CEO

By: James Langton
December 8, 2004 December 8, 2004
13:15

Laurentian Bank reports sharply lower Q4 profit

Laurentian Bank of Canada today said its fourth-quarter profit fell 86%, hurt by low interest margins and weak loan growth.The bank said net income for…

By: IE Staff
December 8, 2004 December 8, 2004
11:55

National Bank joins CLS for foreign exchange transactions

Agreement eliminates settlement risk

By: IE Staff
December 8, 2004 December 8, 2004
11:10

P&C insurers face challenges in U.S., says S&P

Outlook for industry negative, ratings agency says

By: James Langton
December 8, 2004 December 8, 2004
09:30

OSFI releases draft on interest rate risk

Comments due by January 7

By: James Langton
December 7, 2004 December 7, 2004
16:10

Client factoid: Canadians thinking about retirement?

Survey shows many have savings but no RRSPs

By: James Walker
December 7, 2004 December 7, 2004
13:19

Credit Suisse to integrate
CSFB unit into overall bank

Swiss banking giant plans to float Winterthur insurance business

By: James Langton
December 7, 2004 December 7, 2004
10:20

Ratings agency lowers outlook for Royal Bank

Changes reflects concern over difficulties with U.S. operations

By: James Langton
December 7, 2004 December 7, 2004
08:50

Brokerages reach settlement over market timing

IDA hearing set for Dec. 16

By: James Langton
December 7, 2004 December 7, 2004
08:40

IDA issues update on straight through processing

Alternative STP rules being considered

By: IE Staff
December 6, 2004 December 6, 2004
14:55

Banks, credit unions show strong growth in 2003: StatsCan

Growth in consumer lending offsets drop in interest income

By: James Langton
December 6, 2004 December 6, 2004
14:10

Vancity’s first commercial paper issue sells out in 24 hours

Credit union raises $200 million

By: IE Staff
December 3, 2004 December 3, 2004
14:20

CAs welcome 1,907 candidates who passed 2004 UFE

Guo awarded Governor General’s Gold Medal

By: IE Staff
December 3, 2004 December 3, 2004
13:30

Canadian Western Bank reports record earnings

Boosts quarterly dividend and declares stock dividend

By: IE Staff
December 2, 2004 December 2, 2004
14:10

National Bank profit rises 22%

Loan loss provisions drop; dividend increases

By: IE Staff
December 2, 2004 December 2, 2004
11:50

CIBC reports lower profit

Takes $300 million provision for Enron-related legal costs

By: IE Staff
December 2, 2004 December 2, 2004
10:50

RBC Capital Markets to offer interbank market-making services in gold and silver

Hopes to capitalize on volatile markets

By: IE Staff
December 1, 2004 December 1, 2004
14:40

Industrial Alliance to absorb National Life

Toronto support services postions to be gradually phased out

By: James Langton
December 1, 2004 December 1, 2004
14:10

CIBC completes sale of ownership in Juniper Financial

Barclays buys 100%

By: IE Staff
December 1, 2004 December 1, 2004
12:41

Altamira launches High-Interest CashPerformer

Replaces former Altamira CashPerformer product

By: IE Staff
December 1, 2004 December 1, 2004
11:08

CIBC apologizes for fax glitch

Hunkin says CIBC will reimburse customers for losses

By: IE Staff
December 1, 2004 December 1, 2004
09:50

Scotiabank signs MOU to buy controlling share in Mexican mortgage company

Bank continues international expansion

By: IE Staff
December 1, 2004 December 1, 2004
08:50

CIBC World Markets celebrates 20 years of miracles

Employees donate commissions from today’s trading to charity

By: IE Staff
December 1, 2004 December 1, 2004
08:40

Satellite woes have Edward Jones brokers working the phones

Communication problem should be cleared up by the weekend

By: Kate McCaffery
November 30, 2004 November 30, 2004
16:50