Bank enters into consulting arrangement with Flynn
Bank intends to grow third-party mortgage origination channel
Fees and commissions support children’s charities across Canada
Boswell handed permanent ban
Gestion Ferique, manager of the Ferique Funds, has State Street Global Advisors, Ltd. (SSgA) as portfolio adviser of the Ferique BOND Fund, replacing Addenda Capital Inc., the company reported Friday.The appointment takes effect Dec. 2.SSgA has nearly $2 billion invested in “Index Plus” bond mandates. Behind the firm’s success in this asset class is a […]
Ottawa reducing the required minimum withdrawal amount for RRIFs by 25% for 2008
Power Financial Corp. announced Friday the successful completion and closing of an offering of 7 million Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series M, priced at $25 per share to raise gross proceeds of $175 million.The issue was bought by an underwriting group led by BMO Capital Markets and Scotia Capital Inc. Following the […]
Canada’s hedge fund industry gathered earlier this month to raise $150,000 in support of Hedge Funds Care Canada (HFCC), the country’s only philanthropy dedicated exclusively to the treatment and prevention of child abuse and neglect.The fifth-annual gala at Toronto’s Sutton Place Hotel brought together both local and visiting hedge fund professionals for a fifth consecutive […]
U.S. markets to close early