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Reuters

Reuters

TD Bank swings to quarterly loss on $2.6 billion provision tied to US probe

Reuters
Summary
Nutrition label

80% Informative

TD set aside C$3.57 billion ( $2.63 billion ) for fines related to U.S. regulatory probes.

Analysts have cautioned that TD could face restrictions on its future growth in the United States as a fallout of the probe.

TD kicks off the earnings season for Canadian banks with others slated to report their results next week .

VR Score

91

Informative language

98

Neutral language

54

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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