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Bofa to buy $ 9 billion residential mortgage loan from the Canada TD, the source says

From Azhar Saeed

(Reuters) -bank of America has agreed to buy a billion $ 9 billion of the million in familiar source with Friday.

TD has not responded immediately to a comment request.

The CEO Raymond Kun Raymond told a bank conference in January the bank watched out some loan portfolios.

The October, TD year of fire at the restructuring of his balance balance after you claimed a money laundering and agreed to pay a billion pity

The lottery, who had invested in the US market, now must rest his efforts to complete with a rare asset cap from Regulators. Their US activity has more than 1,100 branches and nearly 10 million customers, making the greater 10th bank in the country.

(Divination by Saeed Azhar in New York, Jaaway Singhawwweat in Allguite Bala in Toronto; Edit by Shionak Dasedo)


https://media.zenfs.com/en/reuters-finance.com/cfc27e56f809620ce3624e4dd5f1556e

2025-02-07 22:37:00

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