The independents are challenged by weakness in the resource sector
The deal follows a pair of multi-billion dollar settlements between the DoJ and Deutsche Bank and Credit Suisse earlier this week related to RMBS
Credit Suisse has agreed to pay US$5.28 billion for its conduct leading up to the financial crisis a day after Deutsche Bank reached a similar settlement
The new technology could generate between US$8 billion and US$12 billion in annual cost savings for eight of the world’s largest investment banks
Statistics Canada’s IBSPI aims to measure movements in the prices charged for investment banking services
The new entity will operate as Dundee Capital Partners, with a name change and full re-branding expected for early 2017
The ongoing turmoil in the resources sector is having an “outsized impact on the independent investment banks,” a new report suggests
FCA will work with the industry to develop standards for underwriting league tables
Brian Hanson named chairman and CEO, Lazard Canada Investment Banking
But performance was up strongly from the fourth quarter