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U.S. Futures Edge Higher; Treasuries, Dollar Gain: Markets Wrap - Yahoo Finance May 22nd
U.S. Futures Edge Higher; Treasuries, Dollar Gain: Markets Wrap Yahoo FinanceStocks - Nvidia Rises, Alibaba, HPE Fall in Premarket Investing.comDow falls 150 points amid U.S.-China trade tensions, still up big for the week CNBCHow major US stock indexes fared Thursda.... More »
A financial iron curtain? China seen bracing for more US action - Aljazeera.com + MORE Aug 13th
A financial iron curtain? China seen bracing for more US action Aljazeera.comView Full coverage on Google News.... More »
The smart way to pay for “experiences” and other money tips Oct 1st
Who is Doretta Thompson? She is a chartered professional accountant (CPA) and the director of corporate citizenship at CPA Canada, where she leads its impressive and award-winning financial literacy initiatives. She also sits on the board of AFOA Canada (formerly the Aboriginal Finance Officers Ass.... More »
Making sense of the markets this week: March 10, 2024 Mar 8th
Allan Small, Senior Investment Advisor at the Allan Small Financial Group with iA Private Wealth, shares financial headlines and offers context for Canadian investors.
Earnings beat expectations—as expected
As we close out the first quarter’s earnings season, the biggest takeaway is that t.... More »
Why the volatility index’s rock-bottom levels signal real peril for investors + MORE May 9th
If indeed there’s not much to worry about in today’s elevated stock prices, as the VIX suggests, consider what that means for future returns
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Manulife: Banking unit was penalized by Fintrac
– moneysense.ca
TORONTO — Manulife Financial Corp. confirmed Monday its banking unit was penalized last year after Canada’s money-laundering watchdog concluded it failed to report a suspicious transaction and various money transfers.
Last year, Fintrac fined the bank $1.15 million, but it withheld the bank’s identity, saying it was exercising its discretion to do so.
Manulife Financial issued a statement Monday saying Manulife Bank was fined for “administrative lapses.”
“Although we operate at the highest ethical standard, we are capable of administrative errors. They were remedied in the first half of 2014,” the company said.
“There is no evidence to suggest that the administrative reporting violations were connected to any financial misconduct.”
The statement came after the CBC, citing anonymous sources, identified Manulife Bank as the financial institution fined by Fintrac last year.
Experts speculated Fintrac’s decision to not name Manulife Bank could have come from an agreement whereby Manulife agreed not to pursue an appeal and pay the $1,154,670 fine in exchange for anonymity…
Last year, Fintrac fined the bank $1.15 million, but it withheld the bank’s identity, saying it was exercising its discretion to do so.
Manulife Financial issued a statement Monday saying Manulife Bank was fined for “administrative lapses.”
“Although we operate at the highest ethical standard, we are capable of administrative errors. They were remedied in the first half of 2014,” the company said.
“There is no evidence to suggest that the administrative reporting violations were connected to any financial misconduct.”
The statement came after the CBC, citing anonymous sources, identified Manulife Bank as the financial institution fined by Fintrac last year.
Experts speculated Fintrac’s decision to not name Manulife Bank could have come from an agreement whereby Manulife agreed not to pursue an appeal and pay the $1,154,670 fine in exchange for anonymity…
Manulife says its banking unit was penalized by Fintrac for ‘administrative lapses’
– canadianbusiness.com
Manulife Financial Corp. confirmed Monday its banking unit was penalized last year after Canada’s money-laundering watchdog concluded it failed to report a suspicious transaction and various money transfers.
Last year, Fintrac fined the bank $1.15 million, but it withheld the bank’s identity, saying it was exercising its discretion to do so.
Manulife Financial issued a statement Monday saying Manulife Bank was fined for “administrative lapses.”
“Although we operate at the highest ethical standard, we are capable of administrative errors. They were remedied in the first half of 2014,” the company said.
“There is no evidence to suggest that the administrative reporting violations were connected to any financial misconduct.”
The statement came after the CBC, citing anonymous sources, identified Manulife Bank as the financial institution fined by Fintrac last year.
Experts speculated Fintrac’s decision to not name Manulife Bank could have come from an agreement whereby Manulife agreed not to pursue an appeal and pay the $1,154,670 fine in exchange for anonymity…
Last year, Fintrac fined the bank $1.15 million, but it withheld the bank’s identity, saying it was exercising its discretion to do so.
Manulife Financial issued a statement Monday saying Manulife Bank was fined for “administrative lapses.”
“Although we operate at the highest ethical standard, we are capable of administrative errors. They were remedied in the first half of 2014,” the company said.
“There is no evidence to suggest that the administrative reporting violations were connected to any financial misconduct.”
The statement came after the CBC, citing anonymous sources, identified Manulife Bank as the financial institution fined by Fintrac last year.
Experts speculated Fintrac’s decision to not name Manulife Bank could have come from an agreement whereby Manulife agreed not to pursue an appeal and pay the $1,154,670 fine in exchange for anonymity…
The head of Canada’s financial crime watchdog agency is second-guessing his decision last year to withhold the name of a bank — which CBC News has identified as Manulife Bank — fined $1.15 million for not reporting hundreds of transactions it was obligated to report under the federal anti-money laundering and terrorist financing act.
Oscar envelope flub could hurt PwC's brand reputation for accuracy – The Globe and Mail
– news.google.ca
NewsweekOscar envelope flub could hurt PwC's brand reputation for accuracyThe Globe and MailWhen billions of dollars worth of financial auditing and legal-advisory services flow through your offices each year, it's important to reassure clients that your firm is diligent, detail-oriented and cautious. So when a representative from …PwC's hard-won reputation under threat after Oscars mistakeCTV NewsChaos at the Oscars: 'This is not a joke'Waterloo RecordThe Award For Grace Goes To 'La La Land' Producer Jordan HorowitzHuffington Post CanadaToronto Sun -Toronto Star -Los Angeles Times -Hamilton Spectatorall 2,309 news articles »
Guy Caron enters NDP leadership race
– macleans.ca
NDP MP Guy Caron stands with his son Dominic, 8, daughter Edith, 5, and wife Valerie Stansfield as he announces that he will run for the leadership of the New Democratic Party, on Monday, Feb. 27, 2017 in Gatineau, Que. THE CANADIAN PRESS/Justin Tang
GATINEAU, Que. – The ho-hum New Democrat leadership race got a little more competitive Monday as Quebec MP Guy Caron became the third candidate to officially declare that he wants to be the one to succeed Tom Mulcair.
The competition, which got off to a slow start in part because of an extended goodbye from Mulcair, has been slowly gaining momentum in recent weeks, with B.C. MP Peter Julian and northern Ontario MP Charlie Angus entering the fray.
Caron, a former economist who hopes to position himself as a would-be leader with financial acumen, announced his plans alongside his wife and two children at a news conference at a log cabin in Gatineau, Que.
Caron said the location holds a special place in his heart: it’s where late New Democrat leader Jack Layton held a campaign event in 2011 – the same year Caron became one of 59 MPs from Quebec elected as part of the NDP’s so-called “Orange Wave…
GATINEAU, Que. – The ho-hum New Democrat leadership race got a little more competitive Monday as Quebec MP Guy Caron became the third candidate to officially declare that he wants to be the one to succeed Tom Mulcair.
The competition, which got off to a slow start in part because of an extended goodbye from Mulcair, has been slowly gaining momentum in recent weeks, with B.C. MP Peter Julian and northern Ontario MP Charlie Angus entering the fray.
Caron, a former economist who hopes to position himself as a would-be leader with financial acumen, announced his plans alongside his wife and two children at a news conference at a log cabin in Gatineau, Que.
Caron said the location holds a special place in his heart: it’s where late New Democrat leader Jack Layton held a campaign event in 2011 – the same year Caron became one of 59 MPs from Quebec elected as part of the NDP’s so-called “Orange Wave…