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TD News17 articles
RBC Shares Dip as OSFI Reduces Capital Buffer for Big Banks
Royal Bank of Canada shares slipped 0.36% as OSFI reduced the Domestic Stability Buffer to 3.0%, freeing capital for lending but not immediately boosting earnings.
Regulation
TD Bank Hits 52-Week High After OSFI Cuts Capital Buffer
TD Bank shares hit a 52-week high after Canada's OSFI lowered the Domestic Stability Buffer to 3.0%, freeing up capital for lending. The stock rose 0.44% to C$169.38, but U.S. anti-money-laundering issues remain a key risk.
Regulation
TD Bank Shares Surge to 52-Week Peak on Wholesale Earnings and Leadership Revamp
TD Bank shares rose to a 52-week high on record wholesale earnings and a leadership reshuffle at TD Securities, as the broader Canadian market also hit new highs.
Markets
RBC Shares Surge to 52-Week High Amid Mixed Toronto Market
RBC shares hit a 52-week high of C$277.09, closing up 1.24% at C$276.01, after Q2 net income of C$5.5 billion beat estimates, as the TSX slipped 0.2%.
Markets
TSX Advances as Tech and Gold Rally Mask Economic Weakness
Canada's S&P/TSX Composite gained 0.7% on Friday, closing May up 2.4% and near record highs, driven by tech and gold stocks despite weak GDP data.
Markets
CIBC Stock Dips Despite Strong Earnings and Caribbean Asset Sale
CIBC shares fell 5.5% despite beating Q2 profit estimates and announcing the sale of its Caribbean unit for about $1.6 billion.
Earnings
Canadian Stocks Hit New High as Tech and Mining Rally Offsets Energy Slide
The S&P/TSX Composite Index reached a new closing record of 34,830.89, up 1%, as tech and mining stocks advanced, while energy shares declined on a near 7% drop in Brent crude.
Markets
RBC Stock Hits New 52-Week High Ahead of Q2 Earnings Report
Royal Bank of Canada shares hit a new 52-week high of C$265.10 on the TSX, driven by optimism ahead of its Q2 earnings release on May 28. The broader TSX also set a record, buoyed by hopes of U.S.-Iran talks.
Earnings
BMO Shares Near Record as TSX Hits New High Ahead of Q2 Earnings
Bank of Montreal shares rose to a 52-week high on the TSX, nearing record levels ahead of its fiscal Q2 earnings report on May 27. The bank's dividend of C$1.67 is due May 26.
Earnings
TD Bank Shares Hit 52-Week High Ahead of Q2 Earnings Report
TD Bank shares hit a 52-week high in Toronto ahead of its Q2 earnings report on May 28, with investors focused on margin pressure and US compliance costs.
Earnings
RBC Shares Rise Ahead of Q2 Earnings Amid Analyst Divergence
RBC shares rose 1.46% to C$261.09 ahead of its May 28 fiscal Q2 earnings report, with analysts split on the bank's outlook.
Earnings
Mortgage Rates Inch Lower, Affordability Squeeze Persists for Spring Buyers
U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.
Economy
TSX Set for Lower Open as Oil Spike Sparks Inflation, Recession Fears
Canada's main stock index is poised for a lower open Monday, with futures down 0.92%, after a surge in oil prices to multi-year highs intensified inflation and recession concerns, pressuring financial and mining sectors.
Markets
UK Labor Data Weighs on Sterling, HSBC Awaits Key Results
HSBC shares held flat ahead of the London open following mixed UK labor data that weakened sterling and shifted rate expectations. Focus now turns to Wednesday's inflation figures and the bank's full-year results due February 25.
Markets
Uber and Adyen Expand Partnership with Kiosks and New Markets, Highlighting 2026 Embedded Finance Trend
Uber and Adyen have broadened their payments collaboration, introducing physical booking kiosks and expanding into new regions. The move underscores a wider industry shift toward embedded financial services and specialized providers.
Technology
RBC Shares Gain Ahead of Earnings as Investors Eye Bank of Canada Policy
Royal Bank of Canada stock advanced 0.7% Friday, with investors focused on upcoming quarterly results and uncertain central bank rate outlook.
Earnings
RBC Shares Near C$233 as Investors Eye Q1 Earnings After Mixed Jobs Data
Royal Bank of Canada stock closed at C$232.72, trailing peers as markets rallied. January jobs showed a loss of 24,800 positions but unemployment fell to 6.5%.
Markets