Posted 1 hour ago

After stand-room road shows that featured jokes about investment bankers, BMO Nesbitt Burns strategist Don Coxe closed the largest closed end fund seen this year by raising $260-million.Mr. Coxe, univ

Tags: commodity

Posted 5 hours ago

A glance at the players in the latest crazy chapture of the BCE buyout shows Chinese wall between investment banking and wealth management is rock solid and sky-high at CIBC and TD bank.CIBC World Mar

Tags: markets

Posted 7 hours ago

When hedge fund managers compare scars, the worst wounds in the room date back to General Electric's aborted takeover of Honeywell International.The BCE meltdown that is coming Thursday morning has th

Posted 9 hours ago

Let the blame game begin in the botched BCE buyout.The high-priced lawyers and investment bankers charged with closing the world's largest leveraged buyout now have egg on their faces, after the Quebe

Posted 17 hours ago

Where will BCE open on Thursday, after a Quebec court dealt a shocking setback to the world's biggest leveraged buyout?Forget the Supreme Court appeal, or a possible deal with BCE's bondholders. And l

Posted 23 hours ago

The traditional Canadian pension fund manager is going to find one depressing read in the latest instalment of Benefits Canada magazine's venerable list of the Top 40 Money Managers.In general terms,

Tags: canada canadian

Posted 1 day ago

For all the brave talk that the worst is over[amp]nbsp;in credit markets, CIBC still faces the potential for further writedowns on its exposure to monoline insurers.Rating agency Moody's took an axe t

Tags: markets

Posted 1 day ago

The rich are getting richer when it comes to rapidly expanding world of commodity derivatives.Soaring energy prices have made derivative-based hedging a priority at corporations, and a study last week

Tags: commodity

Posted 1 day ago

Investors are buying into a turnaround in oil field services stock, with Trinidad Drilling attracting new money to the sector Tuesday with a $150-million bought deal.Trinidad announced ambitious expan

Tags: oil

Posted 1 day ago

Unexpected volatility in natural gas prices in recent years has directors at energy companies rethinking big bets on the commodity, as EnDev Energy showed with Wednesday's $170-million sale to Penn We

Tags: commodity gas volatility