Verdict expected in huge damages granted to French bank + MORE Sep 23rd

Democratic presidential candidate Hillary Clinton, left, appears with actor-comedian Zach Galifianakis during an appearance for the online comedy series, “Between Two Ferns.” (FunnyorDie.com via AP)
Sept. 22, 2016: Hillary Clinton’s making a serious appeal to the the millennial voter, first by appearing on the popular web comedy series “Between Two Ferns”, and then by introducing policy meant to please Bernie Sanders—and his legion of young supporters. Donald Trump, meanwhile, clarified his views on police “stop and frisk” practices, and was up for talking about Monday’s debate—and his opinion of the moderator’s ideal role.
Here’s what you need to know about what happened today on the campaign trail.
Surreal estate tax
It’s a direct appeal to the Bernie Sanders voting bloc: Clinton announced Thursday that, as president, she would levy a top tax rate of 65 per cent on the richest estates—a rate that would affect singles with assets exceeding $500 million or married couples with more than $1 billion…

VERSAILLES, France – A French court is deciding whether bank Societe Generale shared responsibility with a convicted former trader for huge losses reported in 2008 and should be deprived of billions in damages.
An appeals court in Versailles, outside Paris, rules Friday on whether to uphold, quash or cut the 4.9 billion-euro ($5.5 billion) amount of civil damages that trader Jerome Kerviel was initially ordered to pay to his former employer.
The prosecutor has asked the judges to throw out the damages altogether. If the court follows his arguments, it would be a stinging defeat for the bank after years of legal battle.
In one of the biggest ever trading fraud cases, Kerviel was sentenced to three years in prison for nearly bringing down the bank with dubious financial operations.
The post Verdict expected in huge damages granted to French bank appeared first on Canadian Business – Your Source For Business News.

BRUSSELS – European Union nations doubt that they can conclude a massive trade pact with the U.S. anytime soon and are debating whether to change tack on the talks.
Slovak Economy Minister Peter Ziga, whose country holds the EU’s rotating presidency, said Friday that “there is some new start or some new approach needed.”
After three years of talks, big differences remain over the Trans-Atlantic Trade and Investment Partnership, with work needed in all of the 30 chapters the pact will entail.
The Europeans want to seal a deal before President Barack Obama leaves office in January. Looming elections in France and Germany are also hampering progress.
Belgian Finance Minister Didier Reynders said “we only have a small chance of success unless the United States starts to give a bit of ground.”
The post EU mulls change of tack on US trade pact appeared first on Canadian Business – Your Source For Business News.

Sector heating up with RGMP in play and buyouts of smaller dealers