RBC's coup spurs disclosure row

Article Abstract:

Controversy has arisen over the issue of disclosure in regard to an interview conducted over the Internet with Nortel Networks CEO, John Roth. In the interview, webcast by RBC Dominion to its brokers and clients, Mr. Roth expressed the company's concerns that clients were reducing equipment orders. Three days later the company announced that it was slashing its growth forecast.

Canada, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Stockholder data, Finance, Telecommunications equipment industry, Telecommunications systems, Nortel Networks Corp., NT, Disclosure (Securities law), RBC Dominion Securities Ltd.

---

BMO bets on brokerage

Article Abstract:

Bank of Montreal (BMO) intends to integrate its recent acquisition of Credit Suisse First Boston's discount-brokerage operation, CSFBdirect, with Harris InvestorLine. The new business will be called Harris Direct Investing.

Investment Banking, Organizational history, Securities Brokerage, Stockbrokers, Investment banks, Credit Suisse First Boston L.L.C., CSFBdirect Inc., Harris InvestorLine

---

Wall St. banker convicted of fraud in porn-star case

Article Abstract:

James McDermott, an investment banker, has been convicted of insider trading fraud, in a case related to Canadian porn star Kathryn Gannon. Mr. McDermott had been employed by Keefe, Bruyette and Woods Inc.

Police Protection, Fraud, Cases, Keefe, Bruyette & Woods Inc., Gannon, Kathryn, McDermott, James

Similar abstracts:

• Abstracts: RT Capital to reimburse clients. Banker beats the bank. Milton faces fight-or-flight dilemma
• Abstracts: Regulators propose streamlined disclosure process. Air Canada fined $1-million
• Abstracts: PanCanadian spinoff rumours help lift CP stocks. EnCana surges as rumours of Shell bid swirl
• Abstracts: Let CanWest grow, CEO says. Is Can West on the buyout menu?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.