Industry

Investors on edge as U.S. debates

Interest rates have remained stable in the U.S., but the continued fiscal debate is keeping investors on their toes.

December 4, 2012

2 min read

UPDATED: IDC WIN acquires Strategic Brokerage Services

IDC Worldsource Insurance Network has acquired the MGA business of Calgary-based Strategic Brokerage Services. The transaction also includes the business of SBS West, an associated firm located in Langley, British Columbia.

December 3, 2012

3 min read

Front Street and Sprott to co-advise funds

Front Street Capital 2004 and Sprott Asset Management LP have announced they have reached an agreement in principle whereby Front Street Investment Management Inc. and Sprott will be appointed as co-investment advisors to each of the following funds for a period of six months:

By Staff |December 3, 2012

1 min read

UBS may reach a LIBOR settlement deal

Swiss bank UBS may be near a Libor-related settlement with U.S. and U.K. regulators. Over its alleged role in the tampering of global interest rates, Switzerland’s biggest lender could be paying more than $466 million in penalties, says a Washington Post report. Citing an unnamed source close to the matter, the report says “an announcement […]

By Staff |December 3, 2012

1 min read