News

BMO Financial Group has sold a U.S. credit card portfolio and exited a franchise loan portfolio as part of an effort to ...
Stock Update and Financial Performance Review Toronto-Dominion Bank (NYSE:TD), a leading Canadian financial institution, saw ...
TD Bank is not currently planning to close branches as it aims to reduce the number of people it employs. The bank announced it had started a restructuring program in the second quarter of 2025 to ...
Q2 2025 Earnings Conference Call May 22, 2025 8:00 AM ETCompany ParticipantsBrooke Hales - Head of IRRaymond Chun ...
At midday, Canada's S&P/TSX Composite Index was up 0.1% at 25864.10, while the blue-chip S&P/TSX 60 inched 0.2% higher to 1550.88.
The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran.
TD Bank Group said Thursday that it’s cutting about two per cent of its workforce as the bank works to reduce costs and ...
The bank will cut about 2% of its workforce, or roughly 2,000 jobs, as part of the program it started in the second quarter.
TD reached a historic settlement with U.S. authorities in October in which it pleaded guilty to multiple charges for failings in its anti-money-laundering controls and agreed to pay $3.09 billion in ...
“We believe the group is as recession-ready as it has ever been,” analysts Mike Rizvanovic and Felix Fang wrote in a note ...
Some analysts expected Canada’s big banks to ramp up reserves for debt as trade uncertainty weighs on the ability of ...
Toronto-Dominion Bank’s earnings soared in the recent quarter thanks to the exit from its investment in Charles Schwab, ...