TD Bank’s quarterly profit falls on weakness in its U.S. business

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 12 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 172%
  • Publisher: 66%

Canadian News Notícia

Canada News,Breaking News Video,Canadian Breaking News

TD’s adjusted net income fell to $3.21-billion, or $1.72 per share, in the three months ended Oct. 31, from $3.49-billion, or $1.82 per share, a year earlier

reported a fall in fourth-quarter profit on Thursday, hurt by weakness in its U.S. business due to the impact of anti-money laundering issues.

TD has been hit by a rare asset cap imposed by regulators in the United States. The bank will reduce its assets in the country by 10 per cent and sell as much as $50-billion of low-yielding bonds and reinvest the proceeds.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 31. in BR
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Brasil Últimas Notícias, Brasil Manchetes