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FINRA has fined two firms a total of $2.15 million and ordered them to pay more than $3 million in restitution to customers for losses incurred from unsuitable sales of floating-rate bank loan funds.

  • By: Staff
  • June 4, 2013 August 21, 2018
  • 13:37

The sixth installment of the Fast and Furious film franchise will hit theatres Friday.

  • By: Staff
  • May 17, 2013 August 21, 2018
  • 12:12

The Securities and Exchange Commission has charged Capital One Financial Corporation and two senior executives for understating millions of dollars in auto loan losses incurred during the months leading into the financial crisis.

  • By: Staff
  • April 25, 2013 August 21, 2018
  • 05:59

One in six Canadian couples experience infertility, according to the Canadian Fertility and Andrology Society. And for many, it’s a surprise, so they don’t have much time to find the cash.

Two more U.S. lenders are supporting bonds backed by private home loans, also known as mortgage-backed securities, reports ft.com. JPMorgan Chase issued a $616 million bond. It limits how and when it will compensate investors if the underlying loans are fraudulent. Meanwhile, a $308 million bond by EverBank Financial is even riskier, says ft.com, because […]

The TD Bank has drawn the ire of a U.S. politician over allegations that the bank finances Smith & Wesson.

  • By: Staff
  • January 28, 2013 August 21, 2018
  • 16:13

B2B Bank and Assumption Life have signed agreements regarding the distribution of investment and RRSP loans.

  • By: Staff
  • December 17, 2012 August 21, 2018
  • 10:51

FINRA has denied Lehman Brothers Inc.’s attempt to recover almost $500,000 from a former employee it had once offered as a loan.

  • By: Staff
  • October 25, 2012 August 21, 2018
  • 10:29

Interest on personal loans represents a significant expense, but there are ways to structure these loans that let you deduct the interest for tax purposes.

B2B Bank and Pro-Financial Asset Management Inc. have signed agreements for the distribution of investment and RRSP loans. Under the terms, B2B Bank will offer preferred rates on investment and RRSP loans to Canadian investors who purchase eligible Pro-Financial funds through licensed advisors. Read: B2B Trust converts to bank “Over the past five years, we […]

  • By: Staff
  • October 5, 2012 August 21, 2018
  • 09:41