New offices in Alberta, Ontario drive Q1 growth
Royal Bank of Canada today announced that it has filed a preliminary prospectus for the issuance of Innovative Tier 1 capital of the bank.RBC Capital Trust, a subsidiary of the bank, will issue RBC TruCS Series 2008-1. RBC Capital Trust is a closed-end trust established under the laws of Ontario. RBC Capital Markets acted as […]
Investment in non-residential construction continues strong growth
Earnings season in full swing
MD Private Trust Company announced today the appointment of MD Private Investment Management as co-advisor of the MDPIM International Equity Pool. MD Private Investment Management will receive investment sub-advisory services from Mondrian Investment Partners Ltd. of London, England.MD Private Trust Company and MD Private Investment Management are members of the MD Financial Group.
Westlake named group head, international banking and insurance
U.S. stock futures fell Friday after disappointing results from General Electric cast a pall on the coming earnings season.The company reported a surprise 6% drop in first-quarter earnings and cut its 2008 outlook, blaming its financial-services business. GE blamed much, but not all, of the below-forecast results on an inability to complete asset sales because […]
Sprott Inc. today announced that it has filed a preliminary prospectus with the securities regulators across Canada for an initial public offering by way of a secondary offering of common shares of the company.Immediately prior to the closing of the IPO, Sprott Inc. will acquire 100% of the outstanding shares of Sprott Asset Management Inc. […]