Toronto To Overtake London As A Hub For Bankers

MILESTONES: TORONTO   By Erik Heinrich   Canada’s financial capital is on track to become one of the largest global banking centers—overtaking London in the number of banking jobs by 2017, according to Moody’s Analytics.   Toronto to overtake London in banking ...

Jon Corzine Has A Lot Of Explaining To Do

NEWSMAKERS: UNITED STATES   By Gordon Platt   Jon Corzine, the former governor of New Jersey and once a US senator, believes that a man’s word is his bond.   Fallout from MF Global raises concerns over CFTC watchfulness When ...

WORLD’S BEST INTERNET BANKS IN NORTH AMERICA 2011

Global Finance names the World’s Best Internet Banks in North America 2011 NEW YORK, July 22, 2011 – Global Finance has announced the First Round winners in the “World’s Best Internet Banks” competition in North America. This is the 12th ...

Domestic Group Makes Move To Buy Canadian Exchanges

MILESTONES / CANADA   by Erik Heinrich   Near-monopoly: Bid faces antitrust scrutiny The London Stock Exchange (LSE) has been stymied in its attempt to take over Canada’s TMX Group, parent of the Toronto and Montreal exchanges and the TSX ...

US Finance Industry Assess Galleon Ruling

MILESTONES: UNITED STATES   By Anita Hawser   It may have taken only 12 days of deliberations for the jury in the Galleon trial to convict Raj Rajaratnam, the co-founder of Galleon Group, of 14 counts of securities fraud, but ...

Voice Of Moderation Leaves FDIC

NEWSMAKERS: UNITED STATES   By Gordon Platt   Sheila Bair, the populist bank regulator who warned in advance that the subprime mortgage crisis was coming, is stepping down on July 8 as chairman of the Federal Deposit Insurance Corporation.   ...