Company also raises dividend by 9%
Affirms bank's ratings
But TD Economics reports that Canada's strong diversification will help prevent it from feeling the full effects of a U.S. slowedown
Any downturn will prove to be "mild and transitory," TD says
Volatility should continue until rates start creeping downwards
Comments follow today’s release of TD Banknorth Inc.'s Q2 earnings
$55 million contribution to wealth management segmen
Masrani named president of TD Banknorth
Morisset brings 12 years of experience to TD Securities
TD Bank Financial Group today reported an increase in second-quarter profit thanks to a strong performance in Canadian retail banking and wealth management.The bank said net income for the quarter ended April 30 grew to $738 million, or $1.01 a share, from $599 million, or 86¢ a share in the year-ago period.“Once again, our operating […]