Industry News

Help clients avoid knee-jerk investment decisions

The loss of investor confidence is a predictable public response when the financial tide turns against continuous wealth accumulation. Too often it triggers knee-jerk investment decisions with investors, later settling into resigned expectation of low growth. So what can advisors pass on to their clients at a time like this? Advisors say they want to […]

By Vikram Barhat |August 4, 2010

3 min read

Scotia expands into Colombia

Scotiabank has expanded its international footprint with the purchase of The Royal Bank of Scotland’s wholesale banking operations in Colombia. This is Scotia’s debut into the country, making it the first Canadian-owned wholesale institution with a presence in Colombia. The deal is effective immediately, with the bank having secured all necessary regulatory approvals. The new […]

By Steven Lamb |August 3, 2010

2 min read

Briefly:

Bank of Montreal is giving Christine A. Edwards, partner in Winston & Strawn’s corporate practice group, a seat on its board of directors. A 25-year veteran of the financial services industry, the Chicago-based Edwards focuses on the regulation of the financial services industry, corporate governance and public and regulatory policy issues for Winston & Strawn. […]

By Staff |August 3, 2010

3 min read

‘Tiger’ on the prowl for HNW clients

An exclusive club for high-net worth clients is about to raise the bar for competent and objective advice in Canada. The advisor community, however, says the new club, Tiger 21, is far from a threat. Even the club insists they are not predatory; neither in instinct nor in intention. But somewhere between dismissive insouciance and […]

By Vikram Barhat |August 3, 2010

5 min read