Industry News

By The Book:

(February 22, 2008) The OSC has agreed to drop criminal charges against Andrew Rankin, the former managing director in the mergers and acquisitions department of RBC Dominion Securities at the centre of a stock-tipping scandal since 2001. In the agreement, he admits that childhood friend Dan Duic had access to his home and may have […]

By Staff |February 22, 2008

2 min read

Income a big factor for RRSP contributions

Everyone knows that Canadians aren’t dropping enough cash into their RRSPs, and now Statistics Canada has proven it, revealing that while six in 10 Canucks contribute, the median value of RRSP plans is still just $25,000. “The situation is still that not enough people are saving for retirement,” says Gena Katz, tax executive director at […]

By Bryan Borzykowski |February 22, 2008

3 min read

Award aims to get more women in capital markets

To counteract proportionally low levels of women being promoted, a new industry initiative will offer career coaching and development services to qualified senior-level women working in the capital markets in Canada. The Women in Capital Markets (WCM) Career Coaching Award Program, developed with BMO Nesbitt Burns and Knightsbridge, will offer experienced women the opportunity to […]

By Mark Noble |February 22, 2008

3 min read

RBC / PH&N merger: What it means for clients

Obtaining more business from the advisor channel is one of the driving forces behind the newly merged RBC Asset Management and Phillips, Hager & North, according to the two men behind the deal. On Thursday, RBC announced it would acquire PH&N by offering shareholders 27 million RBC common shares. The combined firm will manage more […]

By Mark Noble |February 22, 2008

5 min read