Posts Tagged ‘Financial

A financial advisor working in the Montreal region is convicted of having to subscribe to six clients investments totaling $ 280 000 in the company when he was not authorized to offer such an investment under its certification. Gennaro Natale, who is...

The center of expertise in fighting financial crime at the University of Sherbrooke was born Friday, with the announcement by Quebec a budget of $ 350 000 over three years to support the initiative. It's a real think tank that hopes to set up, which...

The TD is optimistic

March 20, 2012 | In: Investment News

For the first time in a year, TD Bank has revised up its forecasts with respect to the Canadian economy, while the situation in Europe seems to be improving. The bank now expects the economy to grow 2.2% in 2012, up from its forecast of 1.7% made in...

Investors are sometimes driven by rapid gains but also by more rational investment decisions. The bursting of the two most recent bubbles makes us think, once past events. However, most investors are likely to get caught by other future...

The Financial Markets Authority (AMF) imposes sanctions totaling $ 80 000 to four insurers had failed to submit a distribution guide before offering insurance products without a representative in Quebec. American Bankers General Insurance Company of...

A representative is found guilty of counseling a client to invest in the GDM group, whereas it was not authorized under its certification. The client has lost its entire investment. Théogène Francoeur, a financial advisor who does business on the...

The profitability of Desjardins Financial Security totaled $ 225.5 million at the end of the fiscal year ended December 31, 2011, compared to $ 198.6 million in 2010, representing growth of 13.5%. The company posted revenues from insurance premiums of...

Power Financial posted Wednesday a net income attributable to common shareholders of $ 533 million, or 75 cents a share, in the fourth quarter compared to $ 389 million, or 55 cents per share, for the corresponding quarter of 2010. For fiscal 2011, the...

Federal Reserve of the United States has painted a more positive picture of the economy, Tuesday, following the surge in employment occurred since its last meeting. The U.S. central bank has however chosen to adopt new measures to boost the economy. In...

Financial security in retirement for many Canadians could be undermined by debt, according to BMO Retirement Institute. In Canada, nearly half of 50 to 59 are still paying a mortgage, like a quarter of workers 60 to 69 years in Quebec. The consumer...

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