Industry News

RBC GAM makes changes to U.S. equity funds

RBC Global Asset Management has announced changes to portfolio management responsibilities for its U.S. equity funds.

By Staff |November 9, 2012

1 min read

Ex-Goldman trader charged with fraud

U.S. regulators on Thursday accused a former Goldman Sachs Group trader of defrauding the bank of $118 million, reports Reuters. The lawsuit was filed in Manhattan, with the CFTC saying Matthew Marshall Taylor entered fake trades in November and December 2007, in an attempt to conceal an $8.3 billion position in futures contracts. The CFTC […]

By Wire services |November 9, 2012

1 min read

Will Greece be rescued?

International lenders failed to bridge differences on how to reduce Athens’ burgeoning debt levels, reports Financial Times.

By Wire services |November 9, 2012

1 min read

3 law firms propose merger

Fraser Milner Casgrain LLP is in talks for a proposed three-way merger with global law firms SNR Denton and Salans to form the world’s 7th largest law firm. The new firm will serve clients as: a firm not centered on the uniting of a UK and U.S. firm; and the first combination involving a Canadian […]

By Staff |November 9, 2012

1 min read