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Canada Brokerages Risk Closure Amid Slump


Canada’s small brokerage firms will be forced to shut down or combine if the country’s lackluster capital markets don’t improve, said Ian Russell, CEO of the Investment Industry Association of Canada.

Deutsche and UBS Being Squeezed

Deutsche Bank - External

Russian investment banks controlled by the government of President Vladimir Putin are squeezing out foreign competitors, helped by a bailout of the country’s richest men five years ago.

KPMG Fires Senior Partner

Showing You The Door

KPMG said late on Monday it had fired a senior partner in the accounting firm's Los Angeles office for allegedly providing inside information to an unnamed third party, who then used that information to trade in stocks of several West Coast companies.

Lab49 - Featured Employer of the Month

Lab49 UK Limited is a rapidly growing technology consulting firm that builds advanced solutions for the financial services industry. Clients include many of the world’s largest investment banks, hedge funds and exchanges.



American flag

Wall Street turmoil could slow cooling IPO market

The stock market turmoil of the last five days, following weeks of broader declines that have left half of this year's newly listed stocks below their offering prices, could slow the already cooling U.S. market for initial public offerings.