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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.



Deutsche Bank - Foyer Undersphere

6 current and ex-Deutsche Bank execs accused in Paschi case

Milan prosecutors accused six former and current Deutsche Bank executives, including Michele Faissola, Michele Foresti and Ivor Dunbar, of colluding with Banca Monte dei Paschi di Siena SpA to falsify its accounts, manipulate the market and obstruct the activity of authorities.