Fairfax Consortium Bids $4.7 Billion to Take BlackBerry Private September 24, 2013 By Alastair Sharp and Andrea Hopkins Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the...
Toronto Dominion Bank Warns of Insurance Losses from Weather Claims July 31, 2013 By Andrea Hopkins Toronto-Dominion Bank, Canada’s second-largest lender, said it will take a third-quarter charge after tax of C$418 million (US$406 million) due...
Canada’s Sun Life Financial Considering U.S. Insurance Acquisitions November 20, 2009 By Andrea Hopkins Canada’s Sun Life Financial Inc. said Thursday it is seeking acquisitions to expand its U.S. insurance business but believes organic...
Canada to Stop Insurance Sales on Bank Web Sites November 1, 2009 By Andrea Hopkins and Pav Jordan Canada will prohibit major banks from marketing insurance products on their Web sites, marking a major victory for big insurers...
Canada to Stop Insurance Sales on Bank Web Sites October 8, 2009 By Andrea Hopkins and Pav Jordan Canada will prohibit major banks from marketing insurance products on their websites, marking a major victory for big insurers in...
Canadian Banks Eye Expansion into Insurance, Despite Restrictions September 25, 2009 By Andrea Hopkins Insurance may emerge as the next big growth area in Canadian banking, even though regulations prohibit lenders from selling via...
Fairfax Posts $60 Million Q1 Loss on Investment Woes May 1, 2009 By Andrea Hopkins Fairfax Financial Holdings Ltd. said Thursday that it had a net loss in the first quarter as investments shed value...