TD Bank cutting 2% of workforce as part of restructuring effort By: Ian Bickis, The Canadian Press Posted: 5:52 AM CDT Thursday, May. 22, 2025 Last Modified: 11:33 AM CDT Thursday, May. 22, 2025 ...

The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran. The portfolio, meanwhile, is tied to its U.S. point-of-sale financing ...

Toronto-Dominion Bank said it will cut about 2% of its workforce as part of a restructuring program begun in the second quarter following its historic anti-money laundering settlement.

Shares of Toronto-Dominion Bank TD have risen 4.5% on the NYSE since the unveiling of its restructuring program to boost efficiency last week. Further, the company announced its second-quarter ...

TD Bank, one of Canada's largest banks, said its credit-loss provision increased to C$1.07 billion, up C$70 million from the prior quarter and C$472 million more than a year earlier.

TD Bank’s SWOT analysis: stock navigates challenges amid ... which may provide greater clarity on the bank’s strategic direction and the anticipated benefits of its restructuring efforts.

TD's second-quarter net income jumped to C$11.13 billion, or C$6.27 a share, from C$2.56 billion, or C$1.35, a year earlier. That included aC$8.57 billion gain on the sale of its interest in ...

TORONTO — TD Bank Group said Thursday that it's cutting about two per cent of its workforce in an aim to save around $600 million a year as part of a restructuring it started in the second quarter.

Looking ahead, TD Bank is expected to host an Investor Day in the fall of 2025, which may provide greater clarity on the bank’s strategic direction and the anticipated benefits of its restructuring ...

TORONTO — TD Bank Group said Thursday that it's cutting about two per cent of its workforce in an aim to save around $600 million a year as part of a restructuring it started in the second quarter.