Industry News

AIG rising from the ashes

Once the world's largest insurance company, until it went bust and was rescued by the U.S. government in 2008, AIG now expects to generate sustainable profits in the coming years.

By Staff |February 24, 2012

1 min read

Fitch downgrades Australian banks

For the most part, Australia has skated through the global financial crisis unscathed, with its banks propped up by a strong resource sector. Until recently, the country has been a sort of antipodean Canada.

By Staff |February 24, 2012

1 min read

Boomers drag down average RRSP contributions

Demographics and rising house prices have pounded Canada’s RRSP contribution rates back to levels last seen in 1970, according to the RBC Economics 2012 RRSP Report.

By Vikram Barhat |February 23, 2012

3 min read

IIROC seeks member firm suspension

The Investment Industry Regulatory Organization of Canada is taking emergency measures to shut down First Leaside Securities Inc.

By Staff |February 23, 2012

1 min read