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Stock Market & Financial Investment News

News Breaks
March 18, 2013
13:08 EDTHBC, TDHSBC to sell Canadian private label credit card portfolio to Toronto-Dominion
HSBC Retail Services, an indirect wholly-owned subsidiary of HSBC (HBC), has entered into an agreement to sell its consumer private label credit card portfolio to TD Financing Services, a wholly-owned subsidiary of The Toronto-Dominion Bank (TD). The gross value of the portfolio was approximately C$495M at February 28. This agreement accelerates the wind down of the Canadian consumer finance business originally announced by HSBC on March 21. The sale is expected to be completed in Q3.
News For HBC;TD From The Last 14 Days
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October 22, 2014
09:50 EDTHBCCredit Suisse to hold a field trip
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October 17, 2014
06:41 EDTTDToronto-Dominion upgraded to Outperform from Neutral at Credit Suisse
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October 15, 2014
12:45 EDTTDNY AG announces multi-state settlement with TD Bank over data breach
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