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Financials News

Fund manager AGF sees profit rise as expenses fall

Fund manager AGF sees profit rise as expenses fall

Fund manager AGF Management Ltd. reported a 10-percent rise in quarterly profit as lower stock compensation expenses more than offset the impact of a decline in revenue.

Posted on 3-26-2014 at 9:30 AM
All big U.S. banks but one pass Fed's health test

All big U.S. banks but one pass Fed's health test

U.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of 30 major banks met the minimum hurdle in...

Posted on 3-20-2014 at 4:39 PM

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