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TD Bank unveils cost-saving measures, sets revenue targets

Toronto-Dominion Bank (TD Bank) has announced a strategic plan to reduce costs while reinstating previously suspended growth guidance. The bank aims to touch a 16% adjusted return on equity and a 7% ...

'Potential for the banks to use AI to lower their cost structure and improve margins as well': Wong

Ernest Wong, head of research at Baskin Wealth Management, joins BNN Bloomberg to discuss National Bank's performance as they beat Q4 expectations.
Seeking Alpha

Flagstar Financial to merge the company with its bank to save costs

Flagstar Financial (NYSE:FLG) said on Thursday its board approved a merger of the company into its bank, with the surviving entity to be known as Flagstar Bank, N.A. The reorganization will reduce ...
Indiatimes

Central Bank of Oman approves “Maal” card fees, cutting merchant costs by up to 50%

Oman’s Central Bank has approved the “Maal” consumer debit and prepaid card fee structure, offering zero issuance and annual fees for users. Merchant Service Fees are capped, cutting costs by up to 50 ...