TD Investors Turn Spotlight on Board as US Penalties Sink In
Also: How Roy Gori made the decision to retire as Manulife CEO
Critics say accountability for TD Bank’s US money-laundering scandal hasn’t gone nearly far enough.
Photographer: Stefani Reynolds/BloombergWelcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and a dash of economics.
I’m Christine Dobby, Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we’re talking about calls for more accountability at Toronto-Dominion Bank, Stephen Harper’s new gig and more signs of distress in Canadian real estate. Plus, travel rules that might spike your blood pressure.