Industry

Great Rotation is great myth

The Great Rotation—the flow of funds from bonds to equities—is no more than a catchy phrase, says CIBC's Patrick O'Toole.

By Vikram Barhat |March 21, 2013

3 min read

Northern suspended over deficient internal controls

An IIROC hearing panel has accepted a settlement agreement between IIROC Staff and Northern Securities.

By Staff |March 20, 2013

3 min read

China woos foreign investors with renminbi relief

China has expanded its renminbi qualified foreign institutional investor (RQFII) quota scheme, sweetening for foreign investors the prospects of investing in China. The new regulation further enables international investors to use their renminbi holdings to buy onshore assets, reports FT.com. The changes are said to mainly benefit financial institutions registered and operated in Hong Kong, […]

By Staff |March 20, 2013

1 min read

Book aims broadsides at bankers

From the ruins of the recent banking crisis emerges a book that shows why banking is more dangerous than most think. Reviewed by the chief economics commentator at the Financial Times, Martin Wolf, the book, The Bankers’ New Clothes: What’s Wrong with Banking and What to Do About It, dispels a host of myths about […]

By Staff |March 20, 2013

1 min read