Richard Waugh News
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The appointment of Stephen Poloz as Canada’s next central bank head taps his experience leading the country’s export-financing body as the world’s 11th largest economy relies on trade and business investment to lead growth.
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The appointment of Stephen Poloz as Canada’s next central bank head taps his experience leading the country’s export-financing body as the world’s 11th largest economy relies on trade and business investment to lead growth.
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Canadian Finance Minister Jim Flaherty shouldn’t interfere with mortgage pricing set by the country’s lenders, Bank of Nova Scotia Chief Executive Officer Richard Waugh said.
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Toronto condo builders are slowing development in a bid to avoid a crash after a decade-long boom led to 159 towers now under construction.
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Bank of Montreal, the lender whose mortgage-rate promotion drew a rebuke from Canada’s finance minister last month, plans more “attention-getting” offers to win over customers, Chief Executive Officer William Downe said.
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Increasing trade links with foreign countries should be a priority for Canadian firms, Bank of Nova Scotia Chief Executive Officer Richard Waugh said.
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Bank of Nova Scotia Chief Executive Officer Richard Waugh, who turns 65 in December, said he’s not intending to leave the job anytime soon.
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Bank of Nova Scotia, Canada’s third- biggest lender, awarded Chief Executive Officer Richard Waugh C$11.1 million ($10.8 million) in total compensation last year, a 4.6 percent increase, as the bank posted record profit.
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Royal Bank of Canada Chief Executive Officer Gordon Nixon was paid more than his counterparts at JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. as record earnings last year helped most Canadian bank CEOs narrow the pay gap with the U.S.
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Bank of Nova Scotia , which reported record profit last year and in the first quarter of 2011, will meet its annual profit target this year on higher earnings from international banking and asset management, Chief Executive Officer Richard Waugh said.
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