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CFA Institute supports U.S. reform bill
Vikram Barhat / March 16, 2010The Chartered Financial Analyst Institute (CFA Institute) is voicing staunch support for proposed regulatory reform bill in the U.S.
EU calls off talks on hedge fund rules
The Associated Press / March 16, 2010European Union finance ministers have called off Tuesday talks on new rules to oversee hedge funds, saying they need more time to strike a deal.
Briefly: "Literacy task force sets registration deadline" and more news
Staff / March 16, 2010The federal government's Task Force on Financial Literacy has confirmed that March 23 is the deadline to register to make a presentation at one of its public sessions in the west. For details, and to read other financial services industry updates, click here.
Moody's says U.S., Britain at risk of losing top rating
The Associated Press / March 15, 2010The United States and Britain are more likely than Germany and France to witness an embarrassing downgrade of their top debt rating, agency Moody's Investors Service said Monday.
Securities industry profits soar
Steven Lamb / March 15, 2010The final quarter of 2009 capped off a massive recovery in earnings for the securities industry, according to data from the Investment Industry Association of Canada.
Citi creates ETF team
John Powell / March 15, 2010Jeffrey McCarthy is bringing his experience in ETFs from Brown Brothers Harriman to Citigroup.
Eurozone ministers gather to discuss Greek debt
The Associated Press / March 15, 2010Eurozone finance ministers will discuss Monday whether to guarantee a financial lifeline to Greece if it can't borrow from wary bond markets and to check that its austerity measures are going far enough to reduce its massive debt load.
Briefly: "MFC Global names equity CIO" and more news
Staff / March 15, 2010MFC Global Investment Management has named Chris Conkey as chief investment officer, global equities, effective immediately. For details, and to read other financial services industry updates, click here.
The family office evolved
Mariellen Ward / March 12, 2010Money market funds should go: report
Vikram Barhat / March 12, 2010The poor performance of money market funds (MMFs) is robbing investors of between $300 million and $500 million, says a report by the Canadian Foundation for Advancement of Investor Rights (FAIR Canada).
