RBC pulled out of OBSI for consumer banking complaints in 2008, while TD announced it was leaving in November. Both banks are required to remain part of OBSI for their investment dealer operations.

Our operations include transactions to reinforce the target for the overnight rate, provide liquidity to financial system participants, acquire and manage assets on the Bank’s balance sheet, and lend ...

International banking gains The Toronto-based bank’s latest results were fuelled by its international banking division, which saw quarterly net income rise more than 21% to $804 million. For the full ...

TD is currently the worst performer of the big Canadian banks for the year and has attractive U.S. operations. I would probably split a new RRSP investment right now between the two banks.

For example, the Bank introduced a regular term repo operation in 2015 and last year added federal government guaranteed debt securities issued by federal Crown corporations to the list of securities ...