MFS hires new chairman

Article Abstract:

Massachusetts Financial Services Co. appointed a new chairman in February 2004 after the Boston mutual fund arm of Sun Life Financial Inc. agreed to a $351-million settlement with US regulators and lost its top two executives to temporary suspensions. Robert Pozen, a 57-year-old former chairman at Fidelity Investments is charged with helping to rebuild MFS's storied reputation in the wake of its entanglement in the widening mutual fund scandal.

United States, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Financial services industry, Massachusetts Financial Services Co., Pozen, Robert

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TD picks one of its own to head U.S. subsidiary

Article Abstract:

Toronto-Dominion Bank appointed Bharat Masrani as chief executive of TD Banknorth, U.S. subsidiary of the bank. Masrani will replace Mr. Bill Ryan.

Commercial Banks, Banking industry, Masrani, Bharat, TD Bank USA

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