Toronto Dominion Bank today reported a third quarter profit of $1.18-billion, or $1.29 a share, up from $912-million, or $1.01, last year as record results from Canadian retail lending made up for slumping capital markets operations.
The biting restrictions that Singapore introduced earlier this week to cool the city's property prices will likely affect credit growth at the city's lenders and restrict their share gains.
BERLIN a ' The European Central Bank raised its growth projections for the 16-nation eurozone on Thursday, but stressed that the outlook remains uncertain and said its effort to keep banks supplied with credit would stay in place for the rest of the year.
The Toronto stock market was higher Thursday as further signs of U.S. economic growth helped lift commodity prices while bank stocks ran ahead even as TD Bank delivered quarterly earnings that narrowly missed expectations.
The S&P/TSX composite index was ahead 14.77 points, or 0.12 per cent, to 12,018.55. Photograph by: Sean DeCory/National Post, Sean DeCory/National Post Stocks were mixed in early trading Thursday as U.S. jobless claims came in better than expected and the European Central Bank held rates at a record low to support the eurozone's uncertain economic ...
