Press Digest: Canada - May 16
16/05/2024 10:18
May 16 (Reuters) - Following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
** Laurentian Bank of Canada LB.TO is cutting jobs and
eliminating its equity research unit as the lender overhauls its
business after a tumultuous year that saw its chief executive
officer ousted.
** Bank of America Corp BAC.N tapped Drew McDonald to be
its new country head for Canada, promoting a long-time corporate
banker to succeed its outgoing leader Adam Howard.
** Toronto-based junior gold company Red Pine Exploration
Inc RPX.V is vowing to work to regain the trust of investors
after accusing its former chief executive officer of tampering
with its gold assay data over the course of a decade.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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