Industry

SEC close to settlement with mortgage agencies

The Securities and Exchange Commission is said to be close to a settlement with mortgage insurers Fannie Mae and Freddie Mac over allegations the two failed to properly disclose their exposure to low quality loans.

By Philip Porado |September 9, 2011

2 min read

Pursuing HNW clients

Many claim the only market you should be servicing is the lucrative high-net-worth market. Why? According to Ipsos Reid’s 2009 report on affluent Canadians.

By Tyrone Matheson |September 9, 2011

4 min read

Desjardins Group changes to the Desjardins Funds

The Fédération des caisses Desjardins du Québec, manager of the Desjardins family of mutual funds has announced plans to lower limitation the operating expenses of each fund to mirror the taxes presently included in the calculation of the MER Cap.

By Staff |September 9, 2011

1 min read

Scotiabank buys stake in Chinese bank

Scotiabank has announced the purchase of a 19.99% stake in the Bank of Guangzhou, at a price of C$719 million.

By Staff |September 9, 2011

1 min read