Industry

Brace for a bumpy ride along the bottom

Notwithstanding better-than-expected U.S. job data, fears continue to grow that the U.S. economy is slipping back into recession. Coupled with the untamed Eurozone debt crisis, that fear is weighing on the global economy. As the curtain came down on America’s manufactured debt default drama, the veil lifted on a slew of grim global economic data. […]

By Vikram Barhat |August 5, 2011

4 min read

IIROC settles with Morgan Stanley Canada

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has approved a settlement agreement, with sanctions, between IIROC staff and Morgan Stanley Canada Limited. In this agreement, Morgan Stanley Canada admits that it failed to properly review and address the actions of a direct market access client that was engaged in potentially […]

By Staff |August 3, 2011

2 min read

Retirement income worries Canadians

Ongoing market volatility and global unrest continue to leave Canadians feeling unsettled about retirement, according to the most recent results of the Russell Financial Health Index. The second quarter reading of the online tool shows financial health has declined to the lowest level since inception in late 2008. The main retirement concerns for Canadians include […]

By Vikram Barhat |August 2, 2011

2 min read

Canaccord buys stake in Australian firm

Canaccord Financial today announced it has forged partnership with BGF Equities which will result in an expansion of its operations into Australia and Hong Kong. The partnership entails the acquisition of a 50% equity interest in BGF Capital Group Pty Ltd (commonly known as BGF Equities), one of the fastest growing boutique equities advisory firms […]

By Vikram Barhat |August 2, 2011

1 min read