Economy

IIROC CEO to chair Investor Education Forum

IIROC says its president and CEO, Susan Wolburgh Jenah, will chair the International Forum for Investor Education (IFIE)—an alliance that promotes higher standards and information sharing in financial and investor education.

By Staff |May 22, 2012

1 min read

Economic Indicators

Canadian banks will profit in Q2

Canadian banks started the year with strong earnings momentum, but will report slower growth in the second quarter – characterized by lower trading revenues and a weaker outlook for the rest of the year.

By Staff |May 22, 2012

2 min read

Economic Indicators

Morning roundup: Goldman trial heats up, Facebook falters

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: – Goldman trial heats up As things heat up at the Goldman Sachs insider trading trial, witnesses are giving very different characterizations of Rajat Gupta, one of its central […]

By Staff |May 22, 2012

2 min read

Economic Indicators

Will reverse mortgages threaten retirement?

A client walks into your office and makes an admission you don’t want to hear: “I have a reverse mortgage.”

By Staff |May 22, 2012

2 min read

What is Facebook really worth?

The biggest news last week was the much-hyped IPO of Facebook; throughout the week, both the IPO price and the number of shares offered crept higher, suggesting the investment bankers may have positioned the deal too aggressively.

5 min read

Morning roundup: Facebook; Buffett; JP Morgan

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: – All eyes on Facebook As Wall Street braces for Facebookalypse, several observers raise concerns over whether the ultra-hyped IPO will kick off a new tech bubble. They correctly […]

By Staff |May 18, 2012

2 min read

12-year-old girl warns banks

Victoria Grant of Cambridge, Ont. is earning a reputation as a financial pundit after her tirade against Canada's borrowing practices went viral on YouTube. She's already a veteran of the financial lecture circuit.

1 min read

Morning roundup: Key trader to leave JP Morgan; Euro woes continue

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: – Key trader to leave JP Morgan The trader at the eye of the JP Morgan Chase storm is said to be stepping down. Bruno Iksil, known in the […]

By Staff |May 17, 2012

2 min read

Two men fined $1.2 million by BCSC

A British Columbia Securities Commission panel has sanctioned two men and two companies for illegally raising money from Canadian and U.S. investors. In December 2011, a commission panel found Daniel Scammell and Casper de Beer guilty of trading securities without being registered and distributing those securities without filing a prospectus. From September 2006 to December […]

By Staff |May 17, 2012

2 min read