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Stock Market & Financial Investment News

News Breaks
March 26, 2013
04:55 EDTSLF, SLF, MFC, MFC, RY, RY, BMO, BMO, CM, CM, TD, TD, BNS, BNSNational Bank Financial to host a conference
11th Annual Canadian Financial Services Conference is being held in Montreal on March 26-27.
News For SLF;MFC;RY;BMO;CM;TD;BNS From The Last 14 Days
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October 1, 2014
19:30 EDTRYRoyal Bank of Canada prop desk spin-off plan shot down by regulators, WSJ says
Royal Bank of Canada has dropped a plan to spin off a profitable proprietary trading desk business into a hedge fund after U.S. regulators rejected the plan, The Wall Street Journal reports, citing people familiar with the matter. Executives at the bank had approved the plan to invest as much as $1B into a hedge fund managed by some of the company's top New York proprietary traders, one of the people added. The SEC and Federal Reserve denied the plan "late in the game," The Wall Street Journal said, citing a person familiar with the negotiations. Reference Link
September 29, 2014
16:50 EDTMFCManulife Financial's John Hancock acquires office building for $244M
John Hancock, the U.S. division of Manulife Financial Corporation, one of the largest life insurance companies in the world, announced that it has acquired 55 West Monroe, a 40 story, 804,214 SF, Class "A" office building located in Chicago's Central Business District's Central Loop for $244M.
07:15 EDTTDNational Association of Business Economics to hold annual meeting
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September 25, 2014
10:35 EDTMFCManulife Financial management to meet with UBS
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September 24, 2014
07:02 EDTCMCIBC's Atlantic Trust surpasses $25B in assets under management
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