Briefly:

(August 9, 2007) Deutsche Bank has named David Fry as the new managing director and head of global markets for Canada, responsible for all debt products in the country.

Fry comes to the Toronto office of the German banking giant from the London office of Dutch bank ABN Amro, where he served as executive director and global head of local markets Eurobonds.

“David’s success in analyzing new market opportunities and his ability to formulate and execute profitable business strategies will be an asset as we build on our strong and diversified global markets platform in Canada,” said Paul Jurist, head of Deutsche Bank’s Canadian operations. “We are committed to being a leading global financial institution in Canada and will continue to expand our franchise in this important market.”

CanDeal reaches $1 trillion milestone

(August 9, 2007) Online debt trading marketplace CanDeal has announced it has reached a milestone, passing the $1 trillion mark in traded volume since the market first opened.

Trading shows no sign of slowing down, either. The dollar volume traded in the past 11 months has surpassed the aggregate volume of all previous years.

“We appreciate the support that we have received from the Canadian investment community and are pleased that leading institutional investors from around the world are seeking us out and putting Canada on their list of preferred world markets,” said Jayson Horner, president and CEO, CanDeal.

(08/09/07)

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.