At issue is the bank's poor track record of serving Black, Latino clients
The combined business will operate as TD Cowen, a division of TD Securities
The Canadian banking industry's push south comes after U.S. President Joe Biden issued a broad executive order calling for increased competition
The bank's law compliance seems at odds with its environmental commitments
Global wealth management earnings grew 9%
Wealth management income was down in the quarter
High-profile hires have helped to erode some of the stigma around the space
The results come as investors shift from growth stocks to more value-oriented options like banks
Asian markets propped up fourth-quarter results for Manulife, Sun Life
OSFI will launch discussions with financial institutions as it looks to produce climate risk guidelines this year