The quarter included a $1.6-billion charge to settle a lawsuit
A KPMG survey finds 88% of Black Canadian workers feel companies need stronger commitments and targets for hiring and promoting Black people
The settlement comes as TD works its way through two major acquisitions in the U.S.
Household debt concerns put upward pressure on capital ratios
Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports
TD Private Wealth, Raymond James Montreal branch among firms with new appointments
Policy-makers must foster workforce participation, skills match
Amid growing challenges, Canadian banks still well positioned to absorb headwinds
Changes include two business banking leadership shifts
Longtime head Paul Douglas is stepping back from daily operations