55% of managers bullish on financial services
European banks facing huge losses from hedge fund scheme
On Oct. 19, ING Direct Asset Management Ltd., announced its plans to convert the ING DIRECT Streetwise Funds into mutual fund trusts, subject to the approval of shareholders.A shareholders’ meeting was scheduled to take place on Jan. 5, 2009. ING Direct has rescheduled the meeting to Jan. 9, 2009.The change in the meeting date does […]
BMO Capital Trust II, a closed-end trust wholly owned by Bank of Montreal, will issue $450 million of BMO Tier 1 Notes – Series A due Dec.31, 2107, the bank said Friday.The notes are expected to qualify as Tier 1 capital of the bank for regulatory purposes. The trust intends to file a final prospectus […]
RIM, Goldman Sachs release results
U.S. markets shrug off collapse of auto bailout
Taxpayers won’t face penalties if proposed change isn’t passed, CRA says
Sun Life to continue distribution arrangement with CI
Fifth straight quarterly decline in the manufacturing sector