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TD and RBC beat the Street

Smile Aleksandra P

Toronto-Dominion Bank and Royal Bank of Canada posted second-quarter results that beat analysts’ estimates as gains from consumer banking and wealth management lifted earnings.

NYSE CEO Duncan Neiderauer to retire in August

NYSE Wall Street

NYSE Euronext CEO Duncan Niederauer will retire in August 2014, moving up the date in light of the rapid integration of InterContinentalExchange and the NYSE, according to a statement from the company.

JPMorgan fine equivalent of three minutes of profit

Minutes To Midnight

The world’s biggest bond dealers, including JPMorgan and Morgan Stanley, failed to properly report trades to the industry’s price-tracking system more than 11,000 times. JPMorgan’s penalty: About three minutes of its annual profit.



Great Wall Of China Graffiti

HSBC may slow hiring in China

HSBC may slow the pace of hiring in China’s Pearl River Delta amid a market rout and cooling growth in the world’s second-largest economy, Chief Executive Officer Stuart Gulliver said.