Man Investments Canada Corp. today announced that it raised $37.8 million for CIBC Man AHL Diversified Deposit Notes Series 1.The deposit notes, Man Canada’s third offering with CIBC, provides Canadian investors with exposure to the AHL Diversified Programme — a systematic global futures trading program. The underlying AHL Diversified Programme has a track record of […]
CIBC is expanding the number of branches in Ontario with Saturday banking hours to offer clients greater flexibility, access and choice.By the end of this year, CIBC will have introduced Saturday hours at 33 additional Ontario locations in 2008, bringing the total to 185 CIBC locations offering Saturday banking in the province.“Many of our clients […]
Sprott completed the largest IPO on the TSX during the quarter
Rising commodities prices boost resources funds
European Central Bank raises interest rates
Manulife Securities serves over 1,500 advisors
$190.7 million in settlement monies distributed so far, OSC says
If there’s one lesson that everyone who toils in Canada’s financial services industry eventually must learn, it’s to never underestimate the banks. It may take them longer than they’d like, but time and time again they’ve shown the ability to adapt and conquer.The banks have one obvious advantage over their competition in almost every segment […]
Assets under management slip 2.5%