Bolstering the banks
Big Six raise money to ride out the storm
- By: Rudy Mezzetta
- March 10, 2009 March 10, 2009
- 10:36
Big Six raise money to ride out the storm
They say the federal government should examine problems at the core of the pension system
Mark Cummings says the firm’s key to success is its cheap, efficient distribution network
The Winnipeg-based firm is seeing growth in its AUM and is looking to expand its services to two more provinces
Two life settlement companies are in court, as creditors and other problems pile up
Regulators are overdue for a full response to the concerns of retail investors
Jennings Capital of Calgary now has a footprint in the Atlantic provinces
When it comes to the tax system, no one — taxpayers, their advisors and even the Canada Revenue Agency — likes uncertainty. On the other…
If a fund’s portfolio is concentrated in illiquid small-cap or micro-cap companies, redemptions could be hard to meet
Discount brokerages see a surge in account openings
While concerns about its subsidiary’s lending have battered the share price, CEO Goldring is upbeat
Closing the pay gap between regulators and the regulated is crucial
The aim is to simplify the management structure and introduce synergies and operational efficiencies
Canadian banks are strong but still hampered by other countries’ problems
BMO, RBC expect the RDSP will lead to new sales
Sextant Capital Management faces OSC allegations of self-dealing, exaggeration of asset values
Although an IIROC report finds that the ban had its costs, some still say the move was justified
Credential Financial’s new CEO wants to work with credit unions on wealth management
Ontario legislation will hamper sales, some independent brokers say
National securities regulator is on the agenda. But is the agenda too limited?
Former RS CEO takes over enforcement division
New measure will be particularly helpful for beneficiaries in situations in which a fundholder died in the latter half of 2008
New head of private-client services aims to focus on regional management and recruiting