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Intact | September 20, 2016
Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada with close to $8.0 billion in annual premiums. Supported by over 12,000 employees, the Company insures more than five million individuals and businesses through its insurance subsidiaries and is the largest private sector provider of P&C insurance in British Columbia, Alberta, Ontario, Québec, Nova Scotia and Newfoundland & Labrador. The Company distributes insurance under the Intac...
CIBC | July 09, 2019
CIBC (CM.TO) (CM) announced today that it has reached an agreement to acquire Cleary Gull, a Milwaukee -based boutique investment banking firm specializing in middle market mergers and acquisitions, private capital placement and debt advisory across the United States. This acquisition supports continued growth for CIBC in the US. Cleary Gull's expertise in meeting the needs of successful, privately owned firms furthers CIBC's capabilities to deepen relationships with clients. "Our b...
PayPal | January 16, 2020
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...
BlackRock | January 15, 2020
BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...
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