National

HSBC Investment Divisions Settle With B.C. Securities Commission On Over-Charging

Darpan News Desk The Canadian Press, 13 Jun, 2016 01:12 PM

VANCOUVER — The B.C. Securities Commission says two divisions of the HSBC Bank Canada have settled with the regulator after over-charging investment clients.

The securities commission said HSBC Investment Fund Inc. repaid 4,651 clients a total of $7.1 million while HSBC Private Wealth Services Inc. repaid 10 clients about $10,000 after inconsistently applying discounts.

The commission said the two HSBC divisions co-operated fully with the review and agreed to pay the regulator $320,000 in the settlement.

Prev Next

MORE National ARTICLES

Canadian Cannabis Producer Tilray Hoping To Capture Budding Demand From Overseas

TORONTO — Canadian cannabis producer Tilray is placing its bets on budding demand from markets overseas as it begins shipping medical marijuana products to Croatia.

Canadian Cannabis Producer Tilray Hoping To Capture Budding Demand From Overseas

Alberta Hopes New Ad Campaign Will Reduce Spike In Gonorrhea, Syphilis Cases

CALGARY — Alberta Health Services hopes a provocative marketing campaign will reduce an alarming increase in sexually transmitted infections in the province.

Alberta Hopes New Ad Campaign Will Reduce Spike In Gonorrhea, Syphilis Cases

Governor General Says Monarchy Has Helped Avoid A Canada Of Extremes

OTTAWA — Gov. Gen. David Johnston is among thousands of people gathered in London for three days of celebration to mark the Queen's 90th birthday.

Governor General Says Monarchy Has Helped Avoid A Canada Of Extremes

Alberta Job Losses Continue As National Labour Force Churns Out Mixed Results

Statistics Canada released its first batch of labour data that captures some of the fallout of a blaze that forced production shutdowns in Alberta's economically critical oilsands region and triggered the evacuation of Fort McMurray.

Alberta Job Losses Continue As National Labour Force Churns Out Mixed Results

Made in Surrey Smoke Alarm Campaign Honoured

The “Award for Collaborative Excellence” recognizes the BC Working Smoke Alarm Campaign which has resulted in a marked increase of working smoke alarms in homes across the province.

Made in Surrey Smoke Alarm Campaign Honoured

Soaring House Prices In Vancouver And Toronto Unsustainable: Bank Of Canada

Governor Stephen Poloz cautioned that those climbing real estate prices have outpaced local economic fundamentals like job creation, immigration and income growth.