Sunday, December 21, 2025
ADVT 
National

HSBC Investment Divisions Settle With B.C. Securities Commission On Over-Charging

Darpan News Desk The Canadian Press, 13 Jun, 2016 01:12 PM
    VANCOUVER — The B.C. Securities Commission says two divisions of the HSBC Bank Canada have settled with the regulator after over-charging investment clients.
     
    The securities commission said HSBC Investment Fund Inc. repaid 4,651 clients a total of $7.1 million while HSBC Private Wealth Services Inc. repaid 10 clients about $10,000 after inconsistently applying discounts.
     
    The commission said the two HSBC divisions co-operated fully with the review and agreed to pay the regulator $320,000 in the settlement.
     

    MORE National ARTICLES

    Bibeau Announces Additional $331.5 Million In Humanitarian Aid At Turkey Summit

    Bibeau Announces Additional $331.5 Million In Humanitarian Aid At Turkey Summit
    Bibeau says in a statement Tuesday that the new funding will help the most vulnerable in more than 32 countries.

    Bibeau Announces Additional $331.5 Million In Humanitarian Aid At Turkey Summit

    Text Show Talk Of Truck Theft, Incinerator More Than A Year Before Tim Bosma Died

    Text Show Talk Of Truck Theft, Incinerator More Than A Year Before Tim Bosma Died
    The Crown in the Tim Bosma trial says a series of text messages between the Hamilton man's accused killers shows the pair meticulously planned to steal a truck, kill its owner with a gun and incinerate the remains.

    Text Show Talk Of Truck Theft, Incinerator More Than A Year Before Tim Bosma Died

    British Columbians Cry Foul Over 'UnFair' Loonie-At-Par Promotion That Lured Them To Bellingham Mall

    British Columbians Cry Foul Over 'UnFair' Loonie-At-Par Promotion That Lured Them To Bellingham Mall
    Some B.C. shoppers who headed to Bellingham this long weekend to find big deals at Bellis Fair Mall got less than they bargained for.

    British Columbians Cry Foul Over 'UnFair' Loonie-At-Par Promotion That Lured Them To Bellingham Mall

    Displaced Kids In Humanitarian Crises Need More Money, Says Marie-Claude Bibeau

    Displaced Kids In Humanitarian Crises Need More Money, Says Marie-Claude Bibeau
    Marie-Claude Bibeau tells The Canadian Press that too little of the already insufficient amount of global humanitarian assistance is being directed to educate children forced to flee their homes.

    Displaced Kids In Humanitarian Crises Need More Money, Says Marie-Claude Bibeau

    Man Charged After Allegedly Impersonating Fort McMurray Wildfire Evacuee

    Man Charged After Allegedly Impersonating Fort McMurray Wildfire Evacuee
    RCMP says they received a complaint from Family and Community Support Services in Claresholm, Alta., because they believed a man and woman were pretending to have evacuated the wildfires.

    Man Charged After Allegedly Impersonating Fort McMurray Wildfire Evacuee

    Vancouver-bound Flight Diverted In Hamburg For Passenger's Medical Issue

    Lufthansa officials say a Vancouver-bound flight from Munich was diverted to Hamburg after a passenger suffered a medical issue.

    Vancouver-bound Flight Diverted In Hamburg For Passenger's Medical Issue