BoCom 1st-Half Net Up 18%; Private Placement To Boost Capital
Bank of Communications Corp. (3328.HK), the country's fifth-largest lender by assets, Thursday reported an 18% increase in its first-half net profit, its slowest pace in two years, as China's economy slows and a more flexible monetary policy weighs on its net interest margin.
TD Bank Posts Record 3Q Profit, Hikes Dividend 7%
Toronto-Dominion Bank (TD) said it had a record third-quarter profit of 1.70 billion Canadian dollars (US$1.72 billion), up 14% from a year earlier, and hiked its dividend 7% to 77 Canadian cents a share.
Barclays Names Jenkins as New CEO
Barclays chose retail boss Antony Jenkins to serve as its new chief executive as the British bank looks to rebound after the rate-rigging scandal.