Trade Talk, Spring 2009

Table of Contents

In this issue...

We understand that in times like these two of the most important things we can deliver as your asset servicing provider are safety and reliability.

To bring growth in North America to the kind of pace that will let unemployment fall and earnings soar, there's still some work to be done.

It is controversial whether Federal Reserve policy is too easy or even too tight. The answer is crucial to key investment decisions.

View a chart and analysis that compares asset allocation by Canadian and U.S. pension funds in 2007 and 2008.

The Canadian financial reporting landscape will experience a shift in regulation to better align global accounting standards between countries throughout the world.

Brian Naish appointed as senior vice president and chief financial officer.

You can set up Workbench to automatically generate and deliver your customized reports without having to sign in.

Darcy Browne, newly appointed managing director of fixed income & currencies at CIBC provides his insights on hot topics in foreign exchange (FX).

While last year was a challenging time for securities lending, the industry was able to weather the storm and deliver many plan sponsors record-setting revenues.

This issue by:

Thomas C. MacMillan
Avery Shenfeld
Richard B. Hoey
Shawn Menard
Peter Maden
Bill Kehoe
Darcy Browne
James Slater 

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Trade Talk® is provided for general information purposes only and CIBC Mellon Global Securities Services Company, CIBC Mellon Trust Company, CIBC, The Bank of New York Mellon Corporation and their affiliates make no representations or warranties as to its accuracy or completeness. Readers should be aware the content of this publication should not be regarded as legal, tax, accounting, investment, financial or other professional advice nor is it intended for such use.