In a press briefing following its annual meeting today, Sun Life Financial Services of Canada Inc said that it has US$45 million of book value WorldCom exposure.
In addition to this WorldCom exposure, it has approximately US$137 million book value in below investment grade telecom exposure.
The acquisition also marks the launch of Canaccord’s Ottawa office
Net assets rose to $675.1 billion in the quarter
The Canadian Chamber of Commerce said a tariff could rip $30 billion out of the national economy
Look for companies with improved balance sheets
Fed regulator made US$771,678 trading on inside information about banks
System remains fragile as growth slows, geopolitical uncertainty rises
Regulators' initiative targets emerging digital risks, broker conflicts
Here’s your helpful guide to advising clients on a complex estate sales process