On an adjusted basis, Scotiabank says it earned $1.85 per diluted share compared with an adjusted profit of $2.15 per diluted share a year earlier
U.S. stocks fell Tuesday at the open, rounding out the last day of a volatile month of February on Wall Street.TORONTO — TD Bank Group said Monday it will pay US$1.2 billion to settle a lawsuit related to one of the largest Ponzi schemes ever orchestrated. The bank, along with several other financial institutions, was about to face trail in the case in Texas for its alleged role in the $7 billion scheme operated by the Stanford Financial Group.
payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters. Both Visa and Mastercard have decided to push back the launch of certain products and services related to crypto until market conditions and the regulatory environment improve, said the people, who asked not to be named as talks were confidential.
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