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Manulife Financial Corp stock price
Manulife Financial Corp latest news:
BRIEF-Manulife Financial reports qtrly share of $0.61
* Manulife reports 2Q17 net income of $1,255 million, core
earnings of $1,174 million, and strong investment-related
Manulife settles excess fee allegations with regulators
Two units of Canadian insurer Manulife Financial Corp (MFC) settled with the Ontario Securities Commission to resolve allegations that there were inadequacies in their controls and supervision that led to some clients paying excess fees. The units, Manulife Securities Inc and Manulife Securities Investment Services Inc, will pay clients C$11.7 million as part of the settlement, the OSC said on Thursday.