Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ […]
Read MoreDay: October 4, 2018
GM and Chrysler receive Canadian loans amid US restructuring ultimata
Friday, April 3, 2009 General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves. “This is a regrettable but necessary step to protect the Canadian economy. We […]
Read More