Regulatory News

UPDATE 3-TD Bank hit by UK derivatives charge; trader leaves 5:04pm EDT

TORONTO, July 4 (Reuters) - Toronto-Dominion Bank , Canada's second-largest bank, said on Friday it will take a pretax charge of about C$96 million ($94 million) for the mispricing of derivatives by a senior trader who has left the London office of its investment dealer unit.  Full Article

 
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EU opens in-depth investigation of Rio-BHP deal 12:56pm EDT 

BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Friday into BHP Billiton's $170 billion unsolicited bid for rival miner Rio Tinto , with prices of iron ore already soaring.  Full Article