24 May 2012

Royal and TD reported their earning – signaling new mortgage guidelines will slow growth

Recently two largest Canadian banks, Royal Bank of Canada (RBC) and
Toronto-Dominion Bank (TD), reported their second-quarter earnings,
which turned out to be higher than the previous ones. In the same time,
TD exceeded analysts’expectations of C$1.78 a share. RBC’s results were
down by a penny…
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