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Top related persons:
Dan Rees - 3 Nivedita Balu - 3 Mark Blinch - 2 Hratch Panossian - 2 Brian Madden - 2 Michael Rhodes - 2 Dave McKay - 2 Denny Thomas - 2
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Canada Toronto Milton , Ontario Bank of Nova Scotia of Nova Scotia Ottawa , Ontario California
Top related orgs:
REUTERS - 3 Bank of Nova - 3 Thomson - 3 Rights - 2 Canada's - 2 CIBC - 2 Investment - 2 of Nova - 1

Search resuls for: "Dan Rees"


4 mentions found


☆ Scotiabank's Canadian banking unit COO Kevin Teslyk latest to depart
  + stars: | 2023-11-03 | by ( Nivedita Balu | Thomson Reuters | Nivedita Balu Is A Correspondent For Reuters Based In Toronto | ) www.reuters.com   time to read: +2 min
The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie Acquire Licensing RightsTORONTO, Nov 3 (Reuters) - The chief operating officer of Bank of Nova Scotia's (BNS.TO) Canadian banking unit, Kevin Teslyk, has left the company, according to an internal memo seen by Reuters, the latest in a series of management changes under CEO Scott Thomson. James Neate, president of corporate and investment banking and Shawn Rose, chief technology officer have also left Scotiabank, the memo said. Canadian banks, including Royal Bank of Canada (RY.TO), Bank of Montreal (BMO.TO), have announced job cuts due to higher costs forcing. Neate, who has held senior executive roles in retail banking, commercial banking and wealth management, among others, will leave the bank at the end of December, according to the memo.
Persons: Chris Wattie, Kevin Teslyk, Scott Thomson, James Neate, Shawn Rose, Aris Bogdaneris, Dan Rees, Thomson, Mike Rizvanovic, Rose, Nivedita Balu, Kirsten Donovan, Louise Heavens Organizations: of Nova, REUTERS, Rights TORONTO, Bank of Nova, Reuters, Scotiabank, ING Group, Aris, Scotia, Royal Bank of Canada, Bank of Montreal, Thomson Locations: of Nova Scotia, Ottawa , Ontario, Canada, California, Toronto
☆ Analysis: Canadian banks see dip in 30 year-plus mortgages, but risks remain
  + stars: | 2023-09-02 | by ( Nivedita Balu | Thomson Reuters | Nivedita Balu Is A Correspondent For Reuters Based In Toronto | ) www.reuters.com   time to read: +4 min
That has led to a rare situation in Canada where banks are seeing mortgage amortizations getting extended beyond 30 years, sparking calls from regulators to take immediate action to mitigate risks. For the other four banks, mortgages amortizing under 25 years account for a half to nearly three quarters. Scotiabank's Canada head Dan Rees said the bank was now being more "disciplined with regards to customer selection" for new mortgages. Still, the risks remain elevated as consumers are struggling to make monthly payments due to the rising cost of living. TD Bank's Canada personal banking head Michael Rhodes told analysts this week that "a meaningful number of customers" are making the changes.
Persons: Mark Blinch, Hratch Panossian, Dan Rees, Brian Madden, Michael Rhodes, Dave McKay, Nivedita Balu, Denny Thomas, Stephen Coates Organizations: REUTERS, Rights, Canada's, Reuters, CIBC, Bank of Nova, Investment, Thomson Locations: Toronto, Milton , Ontario, Canada, Bank of Nova Scotia
☆ Analysis: Canadian banks' see dip in 30 year-plus mortgages, but risks remain
  + stars: | 2023-09-01 | by ( Nivedita Balu | Thomson Reuters | Nivedita Balu Is A Correspondent For Reuters Based In Toronto | ) www.reuters.com   time to read: +4 min
That has led to a rare situation in Canada where banks are seeing mortgage amortizations getting extended beyond 30 years, sparking calls from regulators to take immediate action to mitigate risks. For the other four banks, mortgages amortizing under 25 years account for a half to nearly three quarters. Scotiabank's Canada head Dan Rees said the bank was now being more "disciplined with regards to customer selection" for new mortgages. Still, the risks remain elevated as consumers are struggling to make monthly payments due to the rising cost of living. TD Bank's Canada personal banking head Michael Rhodes told analysts this week that "a meaningful number of customers" are making the changes.
Persons: Mark Blinch, Hratch Panossian, Dan Rees, Brian Madden, Michael Rhodes, Dave McKay, Nivedita Balu, Denny Thomas, Stephen Coates Organizations: REUTERS, Rights, Canada's, Reuters, CIBC, Bank of Nova, Investment, Thomson Locations: Toronto, Milton , Ontario, Canada, Bank of Nova Scotia
☆ Fact Check-Target ‘satanic clothing’ collection is not real, it’s AI-generated
  + stars: | 2023-05-31 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +2 min
Images of children wearing clothing with pentagrams and skulls were created with artificial intelligence (AI) and do not show a real Target collection, as claimed on social media. Some posts referred to conservative backlash to the retailers’ Pride Month collection in May. The images of children in satanic-themed clothing newly circulating, however, are not real photographs. The images were posted on AI imagery groups on Facebook on May 26 (here) (here ). These images do not depict a real Target collection, they were created with artificial intelligence.
Persons: Dan Reese, “, Read Organizations: Target, Facebook, Reuters
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