td bank

Goodbye, Free Checking; Hello, New Bank Fees

The era of free checking accounts is coming to an end. Many consumers will face an extra $144 a year in account fees, plus higher dues for their debit cars, and increased ATM charges, too. It's all part of a banking industry backlash against last year's consumer friendly financial reforms.

Canadian Banks Find the U.S. Market Hard to Resist

Canadian banks fared well during the financial crisis and global recession thanks to their prudent management and the country's prudent regulations. But in a saturated market, what can they do with all the capital they've accumulated? Expand south of the border into the U.S., of course.

TD Bank to Buy Chrysler Financial from Cerberus

Canada's second largest bank and private equity firm Cerberus Capital Management plan to buy automotive financial products and services company Chrysler Financial for approximately $6.3 billion in cash.