Saturday, March 24, 2007

BMO Sued Over Currency Conversion Fees

The Toronto Star, Beth Marlin, 24 March 2007James Richard MacDonald is fighting mad at his bank-owned brokerage house. He is suing for the return of thousands of dollars he says have been whisked out of his registered retirement accounts in unauthorized fee-heavy foreign exchange charges by BMO Nesbitt Burns.MacDonald was a former financial adviser at BMO Nesbitt Burns, and his job gave him

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