Industry

U.S. will surprise naysayers: Macquarie

The first half of 2012 will see continued volatility, as investors swing from greed to fear, and back again, based on the tide of macroeconomic news out of Europe and Asia. But the second half might be a different story altogether.

By Staff |January 19, 2012

3 min read

OSC has trouble collecting sanctions

From the time it became eligible to collect monetary sanctions against industry wrongdoers in 2005, the Ontario Securities Commission has collected less than half of what’s due, according to a report issued by the regulator today.

By Philip Porado |January 18, 2012

2 min read

Panel tosses $1.3 million client complaint

Merrill Lynch was handed a victory by a U.S. arbitration panel after expert witnesses testified the portfolio in question was diversified.

By Staff |January 18, 2012

1 min read

Scotia buys control of Colombian bank

Scotiabank has announced the closing of its acquisition of a 51% stake in Banco Colpatria, citing “significant growth opportunities in Colombia”. Long-term partner Mercantil Colpatria will retain 48.7% ownership.

By Staff |January 18, 2012

1 min read