Finance counsels

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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The dollar rose Wednesday against the euro and the British pound after a report showed U.S. workers’ productivity hitting its fastest pace in four years.
Traders were also looking ahead to Thursday’s interest rate decisions by the European Central Bank and Bank of England.
Analysts expect both banks are likely to keep their interest rates unchanged at […]

Filed under: business, dollar, finance, markets by Guru
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