Industry News

Scotia no longer

In wealth management, the Bank of Nova Scotia is known as the big bank the little guy can kick around. Either through acquisition or internal restructuring, this is something Scotia’s determined to change. Among the big six banks, Scotia is second only to RBC Financial in the total value of its assets, yet its $18 […]

By Mark Noble |October 9, 2007

4 min read

Briefly:

(October 5, 2007) It may soon become a little easier to be green. The Montreal Exchange has filed for regulatory approval of rules governing the trade of environmental derivatives, including carbon credits, on its Montreal Climate Exchange (MCeX), a joint venture with the Chicago Climate Exchange. “The MCeX partners have taken a decision to launch […]

By Staff |October 5, 2007

2 min read

Political risks to the market on the rise

Of the myriad risks listed on the average fund prospectus — market risk, interest rate risk, opportunity risk, to name just a few — political risk is one investors should start paying more attention to when selecting international investments. “Politics increasingly matters to the markets,” says Ian Bremmer, president of political risk consultancy firm Eurasia […]

By Steven Lamb |October 5, 2007

3 min read

Briefly:

(October, 4, 2007) The worst of the recent credit troubles have passed, which should allow the TSX to rally toward 15,000 by year-end, according to a new CIBC World Markets outlook report. “While some problems remain in the asset-backed commercial paper market, we are becoming more confident that the worst in credit markets may now […]

By Staff |October 4, 2007

4 min read