The big question now: Will TD ever get its premium back? [Globe and Mail, The (Toronto, Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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Source: Globe and Mail, The
anti-money-laundering practices, you could almost sense that the other shoe was about to drop. And then it did: The U.S. Justice Department is looking at how drug traffickers used TD to launder proceeds from fentanyl sales in the United States. If investors are looking to the stock market as a preliminary gauge for how serious this situation for the Canadian lender, they might be relieved. The share price dipped all of 1.1 per cent – hardly a panicked response – on Wednesday, the first day of trading after investors learned about the initial charge. It fell 3.5 per cent on Friday morning, which looks more serious. If this looks like a relatively muted response, that's because probes into TD's anti-money-laundering practices have been known since last year. The share price, which has trailed most of its peers over this period, may have been reflecting a harsh outcome already, along with lingering concerns that more penalties will follow. But the bigger concern for investors
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BNS
Earnings
- 2/27/24 - Beat
BNS
Sec Filings
- 5/17/24 - Form FWP
- 5/17/24 - Form FWP
- 5/17/24 - Form 424B2
- BNS's page on the SEC website