Bank takes $75 million charge to deal with hedge fund market timing
Bank failed to recognize issue, privacy commissioner says
Denham leaving bank
Almost half of Canadian homeowners and prospective homebuyers expect mortgage rates to head up in this year, while two in five think rates will remain the same, according to a poll published Monday.Homeowners think the five-year posted mortgage rate will rise only moderately, to an average of 6.64%, from about 6% at the time of […]
Aim is to prepare for upcoming Basel II accord
On the 53rd floor of the gleaming Scotia Plaza tower overlooking downtown Toronto, Kevin Whelly is hatching a plan. Little more than a month has passed since he joined Raymond James Ltd. as senior vice president of growth and development — a brand new role for a brand new task — and Whelly is poised […]
Bank looking to improve productivity in core businesses
TD, RBC, BMO dominated fund sales during RRSP season
Funds to be audited by E&Y
Efforts to address earnings volatility merit change