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Plunging energy prices pulled the producer price index down 0.5%

TD bank. stock photo

DBRS said TD's First Horizon deal is still on strategy

stock market

The downgrade was slight, but consumer spending was down sharply

Official nonetheless pledged that the Federal Reserve and other agencies would take whatever steps deemed necessary to protect the banking system

Treasury Secretary said more rescue efforts could be necessary to prevent contagion

client meeting

Amid the turmoil, some advisors seized buying opportunities and proactively comforted clients

Canada-U.S.-border

Outflows from foreign securities hit $16.2 billion in January, StatsCan reported

The California-based bank serves a similar clientele as did failed Silicon Valley Bank

Tougher regulations are a key focus

Canadian banks are much less exposed to the technology sector