Three major Canadian broker-dealers a part of the action
Any regulatory system that promotes growth necessarily accepts a risk of a meltdown
Tight credit conditions will persist well into 2008
Brokerages price to book value is still 28% above its long-term average
Banks have sufficient earnings strength and diversification to be able to absorb the necessary mark-downs on the loan pipeline
Big five remain strong despite credit crisis
Less than 5% of total net revenue attributable to subprime mortgage activities, Fitch says
Sector’s 12-month risk/reward profile is attractive, says UBS Securities
More than one-third of the stock transactions originating in Canada now are executed by computers programmed to maximize trading efficiency, a study has found.The report from Forefactor Inc., an independent research and consulting firm specializing in capital markets, also suggests Canadian banks may have lost first-mover advantage in algorithmic trading.The study “indicates electronic trading is […]
Record results at Wall Street investment banks