Industry

OSC issues warning about EquityStar fund

The Ontario Securities Commission is warning Ontario investors not to invest in the EquityStar Momentum Growth Fund.

By Staff |July 2, 2013

1 min read

Mackenzie’s Fred Sturm to retire

Mackenzie Investments announced today that Fred Sturm, portfolio manager and team lead of the Mackenzie Resource Team, has chosen to retire on August 31 following a long and productive career in the investment industry.

By Staff |July 2, 2013

1 min read

Fed beefs up bank capital requirements

The Federal Reserve Board today approved a final rule to help ensure banks maintain strong capital positions that will enable them to continue lending to creditworthy households and businesses even after unforeseen losses and during severe economic downturns.

By Staff |July 2, 2013

3 min read

France’s competition watchdog raids Apple’s offices

The Telegraph reports Apple’s offices in France, and some of its retail outlets, have been raided by the Autorité de la concurrence, the country’s competition watchdog.

By Staff |July 2, 2013

1 min read