UK announces banking rescue plan
Mavrix Fund Management Inc. today announced the initial closing of the sale of limited partnership units of Mavrix Explore 2008-II FT Limited Partnership. The sale raised gross proceeds of $6.45 million. Mavrix, the manager and portfolio advisor of the LP, says the LP will invest in a diversified portfolio of flow-through shares issued primarily by […]
Citizens Bank of Canada has introduced a new, no-fee global chequing account that doesn’t charge for U.S. and international ATM withdrawals. The online bank says the account is the first of its kind in Canada.There is no monthly account fee or minimum balance required either.The account also offers fee-free debit card purchases in Canada or […]
Canadian Trading and Quotation System Inc. today issued a reminder that the exchange is adopting a trading symbol format based on a root symbol of up to three characters plus extensions. The next symbol changes, which will be effective for trading on Friday, October 10, involves 30 symbols.IE
Myers named senior advisor to national law firm's securities and capital markets practice
Boomers planning to maintain income by remaining in the workforce may find their employers unprepared to keep them on
The Standard Life Assurance Co. of Canada has licensed Morningstar Hypothetical Illustrator for use by its team of wholesalers. The software is a part of a set of tools that integrate Morningstar technology and data for specific task-oriented applications. The Standard Life edition has been configured to include Standard Life’s marketing collateral as well as […]
Several of the world’s major central banks are spelling out their latest new measures aimed at pumping up market liquidity.The banks, led by the U.S. Federal Reserve Board, recently announced coordinated actions to expand the provision of U.S. dollar liquidity. Today, they announced schedules for term and forward auctions of U.S. dollar liquidity conducted during […]
Consolidation expected among hedge fund companies and other alternative asset managers
Bank of America posts sharply lower Q3 profit, cuts dividend