January 8th, 2008
Shares of Toronto-Dominion Bank slumped Monday on speculation that the lender had substantial undeclared exposure to the subprime mortgage mess, a notion the bank staunchly denies.
Toronto-Dominion Chief Executive Officer Ed Clark has spent the past few months reminding anybody who will listen that his bank has avoided the subprime debacle, but a rumor swept through […]
Filed under: Canada, bank, dollar, finance, money, news by Guru
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December 27th, 2007
PATERSON, NJ-The Community Preservation Corp., a not-for-profit mortgage lender, has provided New Horizon Joint Venture with a $1.8-million loan to develop six low-income, two-family homes in the fourth ward here. The homes will be located on three vacant sites on Summer St., Hamilton St. and 12th Ave. The sites are close to Paterson’s downtown business […]
Filed under: bank, business, finance, loans, money by Guru
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November 23rd, 2007
Canadians are passionate about their plastic money but still love the feel of cold, hard cash, according to a report from the Bank of Canada.
More than a decade after speculating that Canada was becoming a “cashless society,” the central bank says demand for banknotes continues to grow in this country. And that’s got the bank […]
Filed under: bank, business, money, news by Guru
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