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ER Editor: We’re not banking experts, but it sounds as if all the wheels have come off the globalist climate bandwagon once and for all.
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This might be of some interest to readers —
TD Bank accelerates leadership transition, cuts pay for outgoing CEO and 40 others
Jan 17 (Reuters) – Canada’s TD Bank Group (TD.TO) said on Friday CEO-designate Raymond Chun will take charge on Feb. 1, more than two months earlier than initially planned, and that it slashed outgoing CEO Bharat Masrani’s annual salary by 89%.TD said 40 other senior executives, some no longer with the bank, took pay cuts in 2024 totaling C$30 million to reflect anti-money laundering failures that cost the Canadian company billions in penalties and business restrictions in the U.S., its biggest growth market.All other members of the senior executive team will face a reduction of at least 25% in their 2024 compensation, which typically is a mix of salaries and bonuses, TD said.
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Top Canadian banks quit global climate coalition ahead of Trump inauguration
NIVEDITA BALU for REUTERS

CONTINUE READING HERE
Featured image source: https://www.climateandcapitalmedia.com/mark-carneys-130-trillion-funding-for-net-zero-is-he-good-for-it/
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