TD Bank profit tumbles on higher loan loss provisions
TD Bank Group reported a 52% fall
in quarterly profit on Thursday, as Canada’s second-biggest
lender by market value set aside more money to cover loan losses
due to the COVID-19 pandemic.
in quarterly profit on Thursday, as Canada’s second-biggest
lender by market value set aside more money to cover loan losses
due to the COVID-19 pandemic.
Posted by Reuters
