The importance of developing a risk management culture and infrastructure in today’s complex markets cannot be overstated. UBS Bank found it the hard way, on the back of a $2 billion-plus loss, but put the spotlight on the importance of managing a complex trading operation, and the need for developing a robust risk management system.
The zombie theatre is coming to Bay Street. The cast and crew in business wear with white faces and blood, munching monopoly money, will be greeting the suites of the Street on their way to work.
The Eurozone crisis continues to be an albatross around the neck of the world desperately hoping for some semblance of ever-eluding economic recovery.
Your client's finally bought his dream home. Next stop: the art market.
Inflation, risks and opportunities in emerging markets
The moral of the emerging market growth story is that it pays to support disciplined fiscal policies, open trade, and private capital formation while undertaking necessary public investments.
As equity markets continue to swing wildly in the third quarter, Canadian investment managers looked for safety closer to home, according to the latest Russell Investment Manager Outlook.
The loonie, buffeted by global events, has been spending some time south of parity lately. Just long enough for Canadians to start thinking about rejigging their investment and business strategy.
The global financial system appears to have assumed the risk profile of a hockey game, where concussions are increasingly defining its current state of affairs.
The Ontario Securities Commission has levied $1.4 million in administrative penalties against Global Partners Capital and associated companies. The six individuals involved in the case and other associated companies were asked to give up more than $2.2 million of ill-gotten gains from an investment fraud perpetrated on investors in several countries.