Posts Tagged ‘subsidiary’

BMO Capital Markets Acquires Securities Lending Team and Assets of Paloma Securities

BMO Capital Markets Acquires Securities Lending Team and Assets of Paloma Securities
BMO Capital Markets, the investment and corporate banking section of BMO Financial Group have announced on November 16th, that there is a definite agreement with Greenwich, Connecticut-based Paloma Securities, L.L.C. to hire its global securities lending team and acquire assets used in its securities lending business. Paloma Securities conducts a leading securities lending ... Full story

TD Capital Trust Announces Redemption of Capital Trust Securities

TD Capital Trust Announces Redemption of Capital Trust Securities
On November 5th, TD Capital Trust, a subsidiary of the Toronto Dominion Bank (TD) announced that its intention of redeeming the outstanding 900,000 Capital Trust Securities – Series 2009 (TD CaTS) on December 31st, 2009. This will be done at a price per unit of $1,000 plus the unpaid distribution payable ... Full story

HSBC Goes into Credit Markets

HSBC Goes into Credit Markets
Canadian banks have been tapping into the Canadian credit markets, and HSBC Bank Canada has done this as well. On Friday, HSBC Bank Canada sold $200 million of two year notes. HSBC has launched a financing which is led by its very own HSBC Securities subsidiary with a goal to raise $150 million. What often happens is ... Full story
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