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TD Bank reports 3% dip in profit

Toronto-Dominion Bank said yesterday its second-quarter profit fell 3 per cent, hit by a tough environment in wholesale banking and restructuring charges for its recent U.S. acquisition, Commerce Bancorp. Canada’s second-largest bank by market value said its wholesale banking profit fell 57 per cent to $93 million.

Toronto-Dominion Bank said yesterday its second-quarter profit fell 3 per cent, hit by a tough environment in wholesale banking and restructuring charges for its recent U.S. acquisition, Commerce Bancorp. Canada’s second-largest bank by market value said its wholesale banking profit fell 57 per cent to $93 million.

 
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