Industry News

RBC expands into emerging markets

RBC Wealth Management has announced it will acquire the Latin American, Caribbean and African private banking business of Coutts, the wealth division of Royal Bank of Scotland Group. The business has client assets in excess of US$2 billion.

By Staff |March 20, 2012

1 min read

Listing in Canada? Play by our rules: OSC

Companies based in emerging markets must ensure they measure up to Canadian regulatory scrutiny if they are going to seek capital in our markets, the OSC has declared in its Emerging Markets Issuer Review.

By Staff |March 20, 2012

4 min read

Mets settle Madoff claim

The owners of the New York Mets have reached a deal with Irving Picard, trustee for Bernard Madoff's fraud victims. Mets principal owners, Fred Wilpon and Saul Katz will pay $162 million in a settlement reached Monday, but will make no payments for three years.

March 20, 2012

2 min read

Bad broker, accused mass murderer

The U.S. soldier accused of murdering 16 civilians in Afghanistan has a rather checkered past, as an Ohio stock broker, according to a report on Bloomberg.com.

By Wire services |March 20, 2012

1 min read