Puts relationship with Optional on hold
Six professionals, independent of the firm, will perform the functions required of an IRC
Losses are estimated to be between $350 million and $450 million before taxes
Both groups will continue to enjoy free for the next three years
Bank’s financial performance remains sound with satisfactory earnings generation
Report includes 2006 public accountability statement
1,000 jobs cut across all business groups
First National Bank & Trust to be merged with Harris
New machines feature security enhancements
Canadian Institute of Chartered Accountants recognizes bank