Royal Bank of Canada (RBC) has recently announced that it has completed the acquisition of 50% stake of RBC Dexia Investor Services Limited (RBC Dexia) that RBC did not already own from Banque International a Luxembourge. With this transaction complete, RBC has now become the sole owner of the top 10 global custodian, which is
Archive for the ‘Investing’ Category
What is Ethical Investing?
Do you avoid certain products or companies because you don’t agree with how they behave? For example, you might make a point of not buying products because you know that the company has no qualms about testing on animals or because the product isn’t Fairtrade? You can extend this approach to who you arrange your
Coming Soon: RBC Mobile App to have Investing Capabilites
As you may have noticed last week, Scotiabank announced the launch of a new mobile app, the Scotia iTRADE app. You can probably already assume what this new app will allow you to do; that’s right make trades on your mobile phone. Well specifically on your Android, iPhone or Blackberry. Now we received word from
Infographic: Investment Fraud – Raising Awareness
On Financial Highway they have been running a Fraud Awareness series. The topics that have been covered so far, is how you can spot an investment scam. That said, Financial Highway has presented a great visual to highlight several important facts about investment fraud and how you can recognize red flags. You may not be
What are Closed-End Funds?
We all know what a mutual fund is – an arrangement in which investors get together, throw a bunch of money into a pot, and hire a professional money manager to buy and sell securities with the money, hoping to make a profit. The manager earns a percentage of the pot for his time and
RBC Poll: Men Prefer RRSPs and Women Prefer TFSAs
RBC Poll: Think men and women are similar when it comes to finances and investing? Think again. In a recent Royal Bank of Canada (RBC) poll, the third set of results from the 22nd annual RBC RRSP Poll found that there continues to be a large difference when it comes to Canadian men and women
Finizi Introduces New Features to Enhance GIC Auction Website
A few months ago we wrote about Finizi, which is a new online system that will save institutions significant acquisition costs; one of the most important features was that it saved consumers time and embarrassment associated with negotiating for a better posted rate with their respective bank. Ultimately, with Finizi you can view top rates,










