02:52 PM EDT, 09/29/2025 (MT Newswires) -- Toronto-Dominion Bank ( MLWIQXX ) (TD.TO, TD), Canada's second-largest bank by market value, in a much-awaited presentation to investors on Monday reintroduced financial targets that were suspended last year and laid out plans to further cut costs and return capital to shareholders, The Wall Street Journal has reported. While our business is strong,...

02:55 PM EDT, 09/29/2025 (MT Newswires) -- Citigroup ( C ) plans to sell a 25% stake in Banamex to a private investor at 0.8x book value, raising questions about the unit's profitability, IPO prospects, and common equity tier 1 allocation, UBS Securities said in a note Monday. The firm noted that Banamex has long struggled with profitability, with its...

02:48 PM EDT, 09/29/2025 (MT Newswires) -- Comcast ( CMCSA ) said Monday it has appointed President Michael Cavanagh as co-chief executive and a board member, starting next year. Cavanagh will share the co-CEO title with Brian Roberts, who will continue as chairman, the media and connectivity giant said. Cavanagh joined the company in 2015 as chief financial officer. He...

02:48 PM EDT, 09/29/2025 (MT Newswires) -- OpenText (OTEX) and Fiserv ( FI ) said Monday they introduced Content Next, an artificial intelligence-powered content management and workflow product designed to help banks and credit unions reduce manual effort, strengthen governance, and improve customer experiences. The companies said the product, built on OpenText's Core Content Management software-as-a-system platform, moves beyond traditional...