Wednesday, June 16, 2021


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Doug Alexander

TD BANK GROUP reported a profit of $2.5 billion in the company's third quarter ended July 31. / BLOOMBERG NEWS FILE PHOTO/ BRENT LEWIN

TD Bank’s margins squeezed as earnings miss analysts’ estimates

TORONTO – TD Bank Group's margins are starting to shrink. TD Bank - the Canadian bank known for fat net interest margins, the difference between...
TORONTO-DOMINION BANK net income for the quarter ended Oct. 31 rose 9.1 percent to $2.24 billion. The lender reported a 44 percent jump in earnings from ITS U.S. retail segment in the fiscal fourth quarter. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER DILTS

Toronto-Dominion’s U.S. lender outshines domestic bank gains

NEW YORK - Toronto-Dominion Bank’s United States consumer-banking business is outshining its Canadian operations. Canada’s largest lender by assets had a 44 percent jump in earnings...
TORONTO DOMINION BANK's U.S. retail division reported a record profit of $881.6 million in the quarter ended July 31. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER DILTS

Toronto-Dominion has record U.S. quarter on Ameritrade boost

NEW YORK - Toronto-Dominion Bank posted a record quarter in the United States, thanks to Americans who took out more loans and turned to...

Toronto-Dominion has record U.S. profit even before tax cut

NEW YORK - The booming U.S. economy continues to fuel earnings at Toronto-Dominion Bank - and Donald Trump’s tax cuts will only make things better. The...

TD agrees to buy Nordstrom’s $2.2B U.S. card balances

TORONTO - Toronto-Dominion Bank, Canada’s second- largest lender by assets, agreed to buy Nordstrom Inc.’s Visa Inc. and private-label credit-card portfolio in the U.S....

Canada’s TD Bank helps U.S. taxpayers’ market retreat

NEW YORK – Canada’s Toronto-Dominion Bank is expanding its U.S. mortgage lending by holding loans on its books – a business model U.S. banks...

TD not spending time ‘trolling’ for U.S. bank deal, Clark says

TORONTO - Toronto-Dominion Bank, Canada’s second-largest lender by assets, isn’t on the lookout for another U.S. retail bank and doesn’t need to do a...

Ontario Teachers’ scraps plan to sell Maple Leaf Sports

TORONTO - The Ontario Teachers’ Pension Plan will keep its 80 percent stake in Maple Leaf Sports & Entertainment Ltd., scrapping plans to sell...
PROVIDENCE EQUITY PARTNERS is considering making a bid on the parent of the Toronto Maple Leafs and Toronto Raptors.

Providence Equity Partners said to consider bid for Maple Leafs

TORONTO - Providence Equity Partners LLC, the U.S. buyout fund, is considering a bid for Maple Leaf Sports & Entertainment Ltd., owner of Toronto’s...

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