TD Bank

Toronto-Dominion Bank is moving almost all of its call center employees from 15 different U.S. and Canadian cities to their homes in response to the coronavirus.

For many small providers, the coronavirus pandemic means falling revenue and rising expenses, as many either shut their doors to new business or staff up to deal with COVID-19 patients. Bankers say that means helping them bridge the cash-flow gaps until they can get back to business as usual.

TD Bank Group's top lawyer will succeed Allen Parker at scandal-plagued Wells Fargo later this month.

The decline in net interest income was among the reasons year-over-year profits at the U.S. operations fell for the first time since 2012.

As the COVID-19 virus spreads globally, many U.S. financial institutions are said to be taking steps to protect employees and minimize disruption. But only a handful are sharing specifics, to avoid contributing to any public panic.

Reduced dine-in traffic is eating away at bottom lines, forcing eateries to rethink how they borrow money.

TD’s brand will appear on 80 Cardtronics machines in the New York area, while Fifth Third’s will appear on 139 ATMs in the Carolinas.

Verdict on OCC’s supervision of Wells Fargo expected in late spring; TD Bank names Matt Boss its new consumer products chief; CenterState and South State plan $3.2B merger with operations stretching from Virginia to Florida; and more from this week’s most-read stories.

The U.S. arm of Toronto-Dominion Bank said Matt Boss will oversee credit cards, residential loans and deposit products, among other areas.

With mobile banking on the rise, New York City is joining a trend that's already sweeping the rest of the country. Fewer bank branches. Smaller bank branches.