TD raises dividend as profits rise

TD Bank raised its dividend for the second time this fiscal year as strong retail earnings in Canada and the U.S. helped push the lender’s third-quarter profit up a better-than-expected 23%. Strong personal and commercial banking results on both sides of the border were tempered somewhat by a 40% drop in earnings from wholesale banking, which posted lower fixed-income and currency trading revenue because of market uncertainty and volatility. Wall Stret Journal.