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The energy and mining sectors aren’t likely candidates, as both are still a source of uncertainty

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TD has been beefing up its U.S. investment banking operations at a time when European lenders have been pulling back

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The company is looking for financial room to help it proceed with its massive takeover of Houston-based Spectra Energy

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Canada’s benchmark stock index has been trending up since the end of January

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Business Highlights

– canadianbusiness.com

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House lawmakers heap blistering criticism on Wells Fargo CEO
WASHINGTON (AP) — Angry lawmakers heaped another round of blistering criticism on Wells Fargo’s CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and when any concerns were disclosed.
Chief Executive John Stumpf, newly stripped of tens of millions in compensation, told the House Financial Services Committee that the bank is expanding its review of accounts and will evaluate executives’ roles. But as during the grilling he received last week from a Senate panel, Stumpf remained on the defensive.
Several lawmakers alleged that Wells Fargo’s sales practices may have violated federal laws, including the federal racketeering laws, which would constitute a criminal offence.
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OPEC deal shows cartel’s resolve — and desperation
ALGIERS, Algeria (AP) — OPEC’s unexpected agreement to trim production shows the cartel still has the resolve — and even desperation — to try to guide oil prices higher…

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