Industry News

BCSC panel reprimands MFDA

A British Columbia Securities Commission panel is taking the Mutual Fund Dealers Association of Canada (MFDA) to task over how they solicit proxies.

By John Powell |January 12, 2011

2 min read

Trader guilty in $21.8 million Ponzi scheme

A former GFX Capital director in London has pleaded guilty to running a U.S. $21.8 million Ponzi scheme.

By Wire services |January 12, 2011

1 min read

Bertrand to join National Bank Financial

National Bank Financial has appointed Luc Bertrand, former president and CEO of Montreal Exchange, to the newly created position of vice-chairman. He joins National Bank on February 7 “Luc Bertrand is well respected in the business community having, among other things, consolidated Canada’s international standing in the derivatives market when he was with Montreal Exchange […]

By Staff |January 11, 2011

1 min read

BMO picks up Hong Kong asset manager

BMO Financial Group has struck a deal to purchase Hong Kong-based Lloyd George Management, an independent investment manager with about US$6 billion in assets under management. “The acquisition of Lloyd George provides the scale for further expansion of BMO Asset Management and bolsters our portfolio management capabilities in Asian and emerging markets, allowing us to […]

By Staff |January 11, 2011

1 min read