U.S. Initial Jobless Claims Fell 2,000 to 370,000 Last Week RBC, Toronto-Dominion Post Higher Profits on Loans By Doug Alexander and Sean B. Pasternak - 2012-05-24T12:09:42Z Royal Bank of Canada and Toronto- Dominion Bank (TD), the country’s two-largest lenders by assets, posted higher profit in the second quarter on a rise in consumer lending. Royal Bank said profit from continuing operations, excluding a loss from its investment in RBC Dexia Investor Services, rose 4.9 percent to C$1.77 billion ($1.73 billion), or C$1.15 a share. Toronto-Dominion, the second-largest bank, said profit rose 21 percent to C$1.69 billion, or C$1.78 a share. Toronto-Dominion beat analysts’ estimates, while Royal Bank missed by a penny. Royal Bank posted higher earnings from Canadian consumer banking on growth in deposits, mortgages ...
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