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RBC customer loses $10,000 after falling victim to bank draft fraudBack in early January, the Vancouver resident was selling a $10,000 luxury watch on Facebook Marketplace. He says he's used the social media platform multiple times without issue.ConsumerJan 30
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Proposed class action filed against TD over alleged pay, vacation violationsThe case alleges the bank failed to pay or properly pay its mobile mortgage specialists vacation and/or public holiday pay on their commissions, volume bonuses and other payments.MoneyOct 10, 2023
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TD Bank scraps deal to buy U.S. bank First Horizon, will pay US$200M break feeTD says it reached a mutual agreement with First Horizon to terminate the acquisition because of the uncertainty as to when and if it would be able to obtain regulatory approval.EconomyMay 4, 2023
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How big banks dominate Canada’s financial landscapeThe tight hold on the Canadian banking market of RBC, TD, BMO, CIBC, Scotiabank and National Bank is not from a lack of others trying.EconomyApr 19, 2023
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Is your money at risk with a wire transfer? Here’s what you need to knowIt's unclear how often wire transfers go sour, but they rank among the top five bank product complaints at the Ombudsman for Banking Services and Investments.CanadaAug 25, 2022
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TD Bank braces for economic downturn as third-quarter profit dropsOn an adjusted basis, TD says it earned $2.09 per diluted share in its third quarter, up from an adjusted profit of $1.96 per diluted share in the same quarter last year.CanadaAug 25, 2022
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Bank of Canada’s interest rate increases, causing anxiety and confusion among Canadians: StudySaskatchewan Realtors Association CEO Chris Guérette says the interest rate hikes have an effect on your mortgage on a new home or shopping around for a new one.EconomyJul 5, 2022
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Canadian banks facing scrutiny from regulators as they look to expand to U.S.Canadian banks looking to expand in the U.S. through acquisitions are facing increased scrutiny from regulators and politicians along with renewed attention on past disputes.CanadaJun 27, 2022
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Canadian bank earnings: RBC and TD beat estimates, CIBC missesRBC reported higher profit in the latest quarter and beat estimates. TD, the second-biggest, posted lower profit but beat estimates, while CIBC's profit fell and missed estimates.MoneyMay 26, 2022
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Corporate tax hike could have ‘unintended consequences,’ says TD CEOCEO Bharat Masrani said that the federal government has chosen to ``single-out'' the Canadian banking sector with this measure.CanadaApr 14, 2022
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