Industry

ING pulls TV spot following censure

Under pressure from health professionals, ING has decided to take its controversial RRSP TV spot off air. The campaign drew a lot of flak, including from the Canadian Mental Health Association, for allegedly being insensitive and discriminatory to those with mental health problems, says a report in The Globe and Mail. Responding to the criticism, […]

By Staff |January 23, 2013

1 min read

European insurers facing tough times

The Financial Times reports European insurers are taking sweeping measures to restructure in the face of narrowing opportunities to generate profits.

By Staff |January 23, 2013

1 min read

BoC maintains 1% overnight rate, lowers outlook

The Bank of Canada today announced it’s maintaining its target for the overnight rate at 1%. The Bank Rate is correspondingly 1.25% and the deposit rate is 0.75%. Insisting that some modest withdrawal of monetary policy stimulus will likely be required over time, consistent with achieving the 2% inflation target, the Bank’s Monetary Policy Report […]

By Staff |January 23, 2013

2 min read

Barclays slashing 2,000 jobs, warns execs

Barclays is getting set to slash up to 2,000 jobs.

By Wire services |January 23, 2013

1 min read