Industry

U.S. banks criticize JPMorgan for whale error

U.S. bank regulators are criticizing JPMorgan Chase for its trading error, which occurred when a French-born trader outsized positions that went awry, reports ft.com The trader, nicknamed “Voldemort” and “the London whale,” lost $2 billion dollars on credit derivatives, which banks are now saying was a failure in risk management. Read more. Also read: JPMorgan […]

By Wire services |January 15, 2013

1 min read

Canada lagging behind global peers: OECD

The OECD says many major economies are poised for improvement.

By Wire services |January 15, 2013

1 min read

U.S. Fidelity manager comes to Canada

Fidelity U.S. equity portfolio manager to assume responsibilities for Fidelity Growth America Fund.

By Staff |January 15, 2013

1 min read

Investment rules for women

Studies show women aren’t taking full advantage of financial opportunities due to misconceptions and lack of knowledge about investing. But an article on ReadersDigest.ca shows, if anything, women need to invest more than men to gain financial security against life’s curve balls. One of the ways women can do that is by not relying on […]

By Staff |January 15, 2013

1 min read