02-26-2016, 08:14 AM
(02-25-2016, 10:08 PM)rayray Wrote: Really good work!!
Regarding BNS, I thought they agreed to self-regulate themselves more stringently with possible loans/business with "suspect" foreign/Caribbean/international customers? Maybe that can explain the percentage drop?
Okay, this was the article
http://www.bloomberg.com/news/articles/2...o.headline
Its a laugh when banks are told to self-regulate. Banks routinely perform shady transactions and get away with it or simply get a slap on the wrist. The routine breaking of the law continues.
BNS has been caught colluding with other EU and US banks in price-fixing and manipulating gold prices in the last few years. They simply got away with a warning.
Another decry from the Canadian public has been the banks skirting the laws to help mainland Chinese residents in bringing their cash to Canada and buy properties (which some claim is the reason for the housing bubble in some cities like Vancouver).