TD Bank Group, which is mired in a money-laundering scandal in the U.S., said Raymond Chun will replace chief executive Bharat Masrani, who is retiring next year. Chun, who stepped into the role of head of Canadian personal banking last December, will become chief operating officer on Nov. 1 before taking over the top job … Read more
Quebec filmmaker Érik Canuel, who directed several notable films, including La loi du cochon, Nez rouge, Le dernier tunnel and Bon cop, bad cop, died Saturday. He was 63 years old. Annexe, a Montreal-based communications firm, confirmed Canuel’s death on Monday. The director was diagnosed with multiple myeloma seven years ago and died following complications related to secondary plasma cell leukemia. Canuel … Read more
TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank of Canada analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD … Read more
