China securities regulator seeks to ease market panic over delisting risks
China’s securities watchdog does not expect a near-term spike in delistings, it said on Thursday, after investors dumped shares in small-cap companies on fears they could be kicked off the market as Beijing weeds out weaker firms. The “survival of the fittest” mechanism is gradually taking shape but in the short term, there will not […]
Canada’s TD Bank launches tech-focused banking unit
Toronto-Dominion Bank (TD.TO), Canada’s second-largest bank, on Tuesday launched a new business focused on providing banking and financing services to technology companies in its domestic market. The bank intends to boost its presence in a highly saturated local market by expanding its reach to tech firms through the new unit, TD Innovations Partners (TDIP). Shez Samji, […]