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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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August 31, 2014
13:53 EDTTDScotiabank to hold a conference
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August 28, 2014
16:55 EDTTDToronto-Dominion CEO: Will continue to look for small acquisitions
Says doesn't expect any large acquisitions. Ed Clark is speaking on CNBC
06:35 EDTTDToronto-Dominion reports Q3 adjusted EPS $1.15 vs. C$0.82 last year
Reports Q3 revenue C$7.51B vs. C$7.09B last year. Reports Q3 Tier 1 capital ratio 11%. Reports Q3 book value per share C$27.48.

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