MPs say banks must simplify products to avoid regulation
LONDON (Reuters) - Investment banks need to simplify the products they are selling and investors should take more responsibility for understanding complex products to prevent more regulation in London, a committee of MPs said on Monday. feeds.reuters.com
Economic growth seen at only 1.1% this year: TD
The Canadian economy will grind out slow growth of only 1.1 per cent as problems with the U.S. economy "wash onto Canadian shores," the TD Bank said Wednesday in a quarterly outlook. cbc.ca