Banking

TD reports record quarter earnings Fallback Image Decorative pattern

Economic Indicators

TD reports record quarter earnings

TD Bank delivered a record quarter in Q3 2012, reflecting strong retail and wholesale earnings.

By Staff |August 30, 2012

2 min read

Barclays at it again Fallback Image Decorative pattern

Industry

Barclays at it again

Barclays’ regulatory woes continue to pile up. A new probe is being launched by the Serious Fraud Office (SFO) in the U.K. for the British bank’s bail-out by the Middle East in 2008. The inquiry focuses on the disclosures of commission payments made by Barclays to secure the bail-out funds totaling £11.5 billion (about $18 […]

By Staff |August 29, 2012

1 min read

U.S. corps look to China for funding Fallback Image Decorative pattern

Economic Indicators

U.S. corps look to China for funding

Large U.S .corporations are beating the path to Chinese banks in a bid to secure additional funding sources. In an arrangement that works both ways, U.S. multinational companies are seeking to increase their presence in the world’s second-largest economy, which in turn provides opportunities for Chinese banks to strengthen their clout with large multinationals and […]

By Staff |August 29, 2012

1 min read

BMO’s ETF Business sees 16% growth Fallback Image Decorative pattern

Industry

BMO’s ETF Business sees 16% growth

BMO Financial Group today announced its ETF business has surpassed $7 billion in assets under management (AUM) and has grown by $1 billion (16%) in the last two months. “Our recent success has been driven by flows into ETFs which combine growth with attractive income,” says Kevin Gopaul, chief investment officer and senior vice president, […]

August 29, 2012

1 min read