The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
Leadership team resigning from Portuguese ‘good bank’ born from troubled Banco Espirito Santo
– canadianbusiness.com
LISBON, Portugal – The leadership of Portugal’s Novo Banco bank says it is resigning — just two months after being named to manage positive assets of the former Banco Espirito following its collapse and division into two parts under Portuguese government intervention.
Chief executive Vitor Bento says in a statement he and two others are stepping down because “our mandate has significantly changed since we began our roles.” He did not elaborate but said there was no conflict.
Novo Banco is being prepared to be sold. Bento said in the statement Saturday its operations have been stabilized.
Espirito Santo’s problems spooked markets in July and ballooned into Portugal’s biggest banking scandal.
The government put up 4.9 billion euros ($6.4 billion) to prevent the bank’s collapse, raising questions about how regulators were apparently hoodwinked.
The post Leadership team resigning from Portuguese ‘good bank’ born from troubled Banco Espirito Santo appeared first on Canadian Business.
Chief executive Vitor Bento says in a statement he and two others are stepping down because “our mandate has significantly changed since we began our roles.” He did not elaborate but said there was no conflict.
Novo Banco is being prepared to be sold. Bento said in the statement Saturday its operations have been stabilized.
Espirito Santo’s problems spooked markets in July and ballooned into Portugal’s biggest banking scandal.
The government put up 4.9 billion euros ($6.4 billion) to prevent the bank’s collapse, raising questions about how regulators were apparently hoodwinked.
The post Leadership team resigning from Portuguese ‘good bank’ born from troubled Banco Espirito Santo appeared first on Canadian Business.
60 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
