Industry News

Desjardins Financial Security profits up 13.5%

Desjardins Financial Security (DFS), a subsidiary of Desjardins Group, recorded profits of $225.5 million for 2011, posting a year-over-year increase of 13.5%.

By Staff |March 14, 2012

1 min read

Rough day for Goldman Sachs

Goldman Sachs is set to pay a $7 million settlement in the face of federal regulators' civil charges that its futures brokerage business failed to diligently supervise activity in trading accounts for two years.

March 14, 2012

2 min read

GICs back in vogue despite low rates

It appears that last year’s stock market volatility has taken its toll on investor confidence, sending many scurrying back to basics. The lowly Guaranteed Investment Certificate is enjoying a surge in popularity, according to one bank.

By Vikram Barhat |March 14, 2012

2 min read

Advisor fined $150,000 for misappropriation

Misapproriation was just the start; add in taking instructions from an unauthorized third party and providing false documentation and you get banned for life and a $150,000 fine.

By Staff |March 13, 2012

2 min read