Industry

Selling business shares

Almost every succession plan for business owners involves the disposition of corporate shares. It might happen as part of an estate freeze, other reorganization or an outright sale to the next generation. Although share dispositions, including sales and transfers, often result in the realization of capital gains, there are opportunities clients should certainly take advantage […]

By Gena Katz |August 4, 2010

3 min read

Help clients avoid knee-jerk investment decisions

The loss of investor confidence is a predictable public response when the financial tide turns against continuous wealth accumulation. Too often it triggers knee-jerk investment decisions with investors, later settling into resigned expectation of low growth. So what can advisors pass on to their clients at a time like this? Advisors say they want to […]

By Vikram Barhat |August 4, 2010

3 min read

Scotia expands into Colombia

Scotiabank has expanded its international footprint with the purchase of The Royal Bank of Scotland’s wholesale banking operations in Colombia. This is Scotia’s debut into the country, making it the first Canadian-owned wholesale institution with a presence in Colombia. The deal is effective immediately, with the bank having secured all necessary regulatory approvals. The new […]

By Steven Lamb |August 3, 2010

2 min read

Briefly:

Bank of Montreal is giving Christine A. Edwards, partner in Winston & Strawn’s corporate practice group, a seat on its board of directors. A 25-year veteran of the financial services industry, the Chicago-based Edwards focuses on the regulation of the financial services industry, corporate governance and public and regulatory policy issues for Winston & Strawn. […]

By Staff |August 3, 2010

3 min read