Industry

SEC charges J.P. Morgan, Credit Suisse with misleading investors

The firms agreed to settlements in which they will pay more than $400 million combined.

By Staff |November 19, 2012

2 min read

RBC GAM launches low-volatility equity funds

RBC GAM has launched a QUBE Low Volatility Canadian Equity Fund and QUBE Low Volatility U.S. Equity Fund.

By Staff |November 19, 2012

1 min read

Manulife’s Guloien named International Business Executive of the Year

The Canadian Chamber of Commerce named Manulife Financial president and CEO Donald Guloien as its International Business Executive of the Year at a November 15 ceremony in Toronto. “Manulife Financial is a true international leader in the industry,” said Perrin Beatty, President and CEO, the Canadian Chamber of Commerce. “Mr. Guloien and his Manulife colleagues […]

November 17, 2012

1 min read

SEC raps ratings agencies

The Securities & Exchange Commission’s second annual report castigates nine registered credit rating agencies, including Standard & Poor’s, Moody’s and Fitch, for irregularities in ratings decisions and undisclosed conflicts of interest. To prevent insider dealing, each of the rating agencies was asked to keep forthcoming rating changes under wraps until formal announcement, says an FT […]

By Staff |November 16, 2012

1 min read