Second closing scheduled for June 26
Jenset permitted a non-registrant to perform “know your client” obligations
The Ontario Superior Court of Justice has approved the proposed conversion of the GMP Capital Trust into GMP Capital Inc., GMP said Wednesday.The conversion remains subject to certain regulatory and other approvals. GMP management anticipates that the conversion will be completed on May 15.The shares of GMP Capital Inc. have been conditionally approved for trading […]
CIBC is planning to open 21 new or expanded full-service banking centres set across the country by early 2010, the bank said Wednesday.These new locations are part of CIBC’s five-year strategic plan to build, relocate and expand over 70 new branches, 23 of which have opened to date, to enhance the service experience for its […]
Grey Horse Corp. reported lower net income for the first quarter ended March 31, the financial services company said Tuesday.Net income declined 22% to $210,000 from $270,000 in the year earlier period.Basic earnings per share decreased to 3¢ a share from 4¢ a share a year ago.Toronto-based Grey Horse serves the corporate and institutional market.Quarterly […]
Charge-offs and delinquencies expected to continue to rise at a pace unprecedented for the Canadian market
Insurer focused on improving home insurance results
ING Canada swings to quarterly loss