TD Bank

Record reserves for bad loans set to gut Canadian banks' profits


The second-quarter jump in provisions may be three to four times higher than a year earlier and will be mostly for loans that have yet to go bad, analysts said.


TD Bank confronts vexing problem of connecting disparate data


The Toronto company is testing new software from Cinchy that lets its technology teams visualize how datasets spread across departments might work together to make client referrals or collaborate with fintechs.


How TD got a head start on coronavirus preparations


Reports from the Singapore office, a coronavirus war room and a hardworking IT staff all helped TD Bank Group get nearly all employees ready to work from home and able to handle a tripling of remote deposit capture activity.


TD has moved 9,500 call center agents home. Some may stay there.


Toronto-Dominion Bank is moving almost all of its call center employees from 15 different U.S. and Canadian cities to their homes in response to the coronavirus.


Banks find creative ways to help cash-strapped health clinics


For many small providers, the coronavirus pandemic means falling revenue and rising expenses, as many either shut their doors to new business or staff up to deal with COVID-19 patients. Bankers say that means helping them bridge the cash-flow gaps until they can get back to business as usual.


Wells Fargo hires TD's Ellen Patterson as general counsel


TD Bank Group's top lawyer will succeed Allen Parker at scandal-plagued Wells Fargo later this month.


TD misses estimates as U.S. retail hit by interest rate cuts


The decline in net interest income combined was among the reasons why year-over-year profits at the U.S. operations fell for the first time since 2012.


Banks walk fine line in preparing for a coronavirus outbreak in U.S.


As the COVID-19 virus spreads globally, many U.S. financial institutions are said to be taking steps to protect employees and minimize disruption. But only a handful are sharing specifics, to avoid contributing to any public panic.


How delivery apps are upending restaurant lending


Reduced dine-in traffic is eating away at bottom lines, forcing eateries to rethink how they borrow money.


Fifth Third, TD Bank expand ATM networks in deals with vendor


TD’s brand will appear on 80 Cardtronics machines in the New York area, while Fifth Third’s will appear on 139 ATMs in the Carolinas.