OSC panel finds Crown Hill Capital, CEO breached fiduciary duty
An Ontario Securities Commission (OSC) panel found that Crown Hill Capital Corp (CHCC) and its chief executive Wayne Lawrence Pushka breached their fiduciary duty in connection with several transactions.
Heritage Financial buys 50% of Boomerang Financial
Heritage Financial Group buys 50% of mortgage broker Boomerang Financial.
Credit delinquency at record low, but consumer debt soaring
Credit delinquency among Canadians has hit a record low. However, the nation is still taking on increasing levels of personal debt and a potential rise in interest rates could jeopardize credit quality.
No wonder these people need advisors...
Canadian investors trust the soundbites of Kevin O’Leary and Larry Kramer over analytical print media like Report on Business, Wall Street Journal and Financial Post. Some of them even rely on Facebook for advice.
US dealer shuttering Toronto and Calgary offices amid gold slump
Weakness in the gold price is continuing to cause more layoffs: in mining towns, at mining firms and on Bay Street.
Looking for the office star? Look for the messy desk
As Albert Einstein once said: “If a cluttered desk is a sign of a cluttered mind, of what, then, is an empty desk a sign?”
Big Six not among the top three in client satisfaction
Canada’s Big Six didn’t crack the top-three in JD Power’s investor satisfaction survey. But overall satisfaction with the full-service investment firms increased – especially among investors who were given a transparent account of fees.
Capturing the diversity demographic
Like it or not, the wealth management teams at the Big Five have successful tapped Canada's well-heeled gay community. That makes more than good business sense, explains TD advisor and branch manager Heather Richardson.
Nasdaq trading halted for three hours on technical issue
US stock exchanges on Thursday halted trading in all securities listed on the Nasdaq Stock Market for more than three hours due to a technical issue.
Alleged Canadian boiler room mastermind busted in Bangkok
The Canadian alleged to be the mastermind behind a $140M penny stock fraud and his co-conspirator have been arrested in Thailand and are facing extradition to the US.