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Financials News

Canaccord Genuity names Daniel Daviau as CEO
Daviau, who currently leads the company's North American capital markets division, steps into the new role on October 1st. BNN's Amber Kanwar first reported the appointment before Canaccord made the announcement on Friday morning.
Posted on 9-11-2015 at 9:55 AM
Big banks reach $1.87 billion settlement for price-fixing in credit default swaps
Twelve major banks have reached a US$1.865 billion settlement to resolve investor claims that they conspired to fix prices and restrain competition in the roughly US$16 trillion market for credit default swaps, a lawyer for the investors said on Friday.
Posted on 9-11-2015 at 1:22 PM
BMO to acquire GE transport finance unit
Bank of Montreal has agreed to buy GE Capital’s transportation finance business, boosting the Canadian lender’s U.S. commercial banking business and adding one more Canadian name to the list of buyers for GE Capital’s assets.
Posted on 9-10-2015 at 7:05 PM
Scotiabank CEO praises Bank of Canada's "bold move"
The Bank of Canada is on the right track, according to Scotiabank CEO Brian Porter, who also praised governor Stephen Poloz’s decision to cut interest rates earlier this year.
Posted on 9-09-2015 at 5:22 PM

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