Industry News

Debt capital markets shine: IIAC

Debt capital markets have been a "consistent bright light in the gloomy journey" since the crisis, according to Ian Russell, president and CEO of the Investment Industry Association of Canada (IIAC).

By Staff |September 27, 2013

1 min read

JPMorgan Chase negotiating massive fine

The Washington Post reports JPMorgan Chase is negotiating an $11 billion settlement with authorities over toxic mortgage securities the firm sold during the crisis.

By Staff |September 26, 2013

1 min read

CRA sent jailed mafia boss big refund

A CBC investigative report has revealed that the Canada Revenue Agency sent Quebec-based Sicilian mob boss Nicolo Rizzuto an income tax refund cheque for almost $400,000, despite the fact he owned the taxman $1.5 million.

By Staff |September 26, 2013

1 min read

CI buys majority stake in Marret

CI Financial Corp. has announced that it has reached an agreement to acquire a majority interest in Marret Asset Management Inc., an alternative asset manager specializing in global and Canadian fixed income.

By Staff |September 26, 2013

1 min read