(Reuters) - Wells Fargo on Tuesday agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, a move that will make the firm the largest servicer of commercial real estate securitized debt in the United States. Founded in 1988, Trimont, which primarily serves non-bank and alternative lenders, will manage combined $640 billion loans in the U.S. after deal...

Aug 22 (Reuters) - TD Bank swung to a quarterly loss on Thursday as the second-largest Canadian lender set aside C$3.57 billion ($2.63 billion) for fines related to U.S. regulatory probes into its anti-money laundering (AML) program. Net loss was C$181 million, or 14 Canadian cents per share, in the three months ended July 31, compared with a profit of...

Aug 22 (Reuters) - Private equity firm Carlyle Group will buy Advance Auto Parts' ( AAP ) Worldpac unit for $1.5 billion, Bloomberg News reported on Thursday. (Reporting by Nathan Gomes in Bengaluru; Editing by Devika Syamnath) ...

06:31 AM EDT, 08/22/2024 (MT Newswires) -- (Updates to add the ticker symbol for Charles Schwab ( SCHW ) in the fourth paragraph, and the latest stock movement for both companies in the last paragraph.) Toronto-Dominion Bank ( MLWIQXX ) said Wednesday its fiscal Q3 results include a further provision of $2.6 billion to reflect fines in anticipation of a...