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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UK Brexit minister: Leaving EU won’t mean economic isolation + MORE Dec 1st
LONDON – Britain’s minister for leaving the European Union tried to reassure businesses on Thursday that exiting the bloc won’t cut the U.K. off from much-needed international workers and investment.
Brexit Secretary David Davis said the U.K. was seeking “the freest possible .... More »
US ATM maker Diebold offering to buy Germany’s Wincor Nixdorf in deal worth $1.9 billion Oct 17th
BERLIN – ATM maker Diebold Inc. is offering to take over Wincor Nixdorf of Germany in a deal that would value the German company at more than 1.7 billion euros ($1.9 billion).
The companies said Saturday that they entered a non-binding term sheet agreement on “the key parameters of a pot.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Jun 10th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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Middle class in India, China driving iPhone sales: Apple CEO Tim Cook - Times of India + MORE Apr 28th
Times of IndiaMiddle class in India, China driving iPhone sales: Apple CEO Tim CookTimes of IndiaNEW YORK: Middle class and first time smartphone buyers in emerging markets such as India and China were among the major drivers of iPhone sales in January-March period with the momentum expected to cont.... More »
Tax time can be stressful—the right account can keep your money growing Mar 19th
The past year hasn’t been easy: inflation has remained elevated, trade tensions continue, and economic uncertainty is still high. If your budget feels tight, paying off a tax bill this season may feel particularly stressful—especially if you’re a solopreneur (aka you run your business alone) w.... More »
40 days – 2.75%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. 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.
Not your usual witnesses: Paulson, Geithner, Bernanke set to testify in ex-AIG chief’s lawsuit
– canadianbusiness.com
WASHINGTON – It could be an awkward reunion.
Three top former government leaders who devised the 2008 financial bailouts — Henry Paulson, Timothy Geithner and Ben Bernanke — are set to testify this week in a lawsuit over the government’s rescue of the insurance giant AIG.
Six years ago, their rescue plan revived AIG, protected its far-flung financial partners and helped save the financial system. Yet AIG’s former CEO, 89-year old Maurice Greenberg, argues that the government’s bailout was illegitimate and is demanding roughly $40 billion in damages for shareholders.
This despite the fact that Greenberg orchestrated a 2010 deal in which he unloaded $278 million in AIG shares that his holding company owned — a windfall that might have been impossible without the government’s intervention.
The lawsuit alleges that the bailout violated the Constitution’s Fifth Amendment by taking control of AIG without “just compensation.” Greenberg objects to the government’s takeover of a company approaching bankruptcy in exchange for what would eventually become $180 billion-plus in taxpayer-backed loans…
Three top former government leaders who devised the 2008 financial bailouts — Henry Paulson, Timothy Geithner and Ben Bernanke — are set to testify this week in a lawsuit over the government’s rescue of the insurance giant AIG.
Six years ago, their rescue plan revived AIG, protected its far-flung financial partners and helped save the financial system. Yet AIG’s former CEO, 89-year old Maurice Greenberg, argues that the government’s bailout was illegitimate and is demanding roughly $40 billion in damages for shareholders.
This despite the fact that Greenberg orchestrated a 2010 deal in which he unloaded $278 million in AIG shares that his holding company owned — a windfall that might have been impossible without the government’s intervention.
The lawsuit alleges that the bailout violated the Constitution’s Fifth Amendment by taking control of AIG without “just compensation.” Greenberg objects to the government’s takeover of a company approaching bankruptcy in exchange for what would eventually become $180 billion-plus in taxpayer-backed loans…
3.5 year – 2.10%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-21. Click on the link above to get more details or apply online.
