Company says new funds and shares will help investors manage risks
Funds wants to alter mix of non-venture investments, add new shares
Canada’s funds vote with corporate management two-thirds of the time
The U.S. Federal Reserve today sliced its key federal funds rate to 4.75% from 5.25%, the first downward move in the rate in four years.U.S. stocks added heavily to earlier gains, with the Dow Jones industrial average up about 189 points to 13,592 shortly after the Fed’s 2:15 pm ET announcement.The rate, which is the […]
BMO Capital Markets today said it is launching new global treasury-management services that will make it easier for companies in Canada and the U.S. to conduct business around the world.The investment and corporate banking arm of BMO Financial Group said clients will be able to manage cash flow and all of C$, US$ and euro […]
Fund company receives approval to change investment objectives
Amex Bank of Canada today said it is not affected by news that American Express has agreed to sell its international banking subsidiary American Express Bank Ltd to Standard Chartered Bank.American Express in Canada operates as Amex Bank of Canada and AmexCanada Inc., wholly-owned units of American Express Travel.“The sale of AEB will not include […]
New approach and name for BMO Harris Diversified Trust Portfolio
Corrado Tiralongo to oversee firm's investment policies
Federal Reserve Board meeting eagerly awaited by traders