Toronto-Dominion Bank is facing a class-action lawsuit over its refusal to pay travel insurance claims following trip cancellations triggered by the COVID-19 pandemic. Lead plaintiff Kevin Lyons cancelled his family’s flight to Italy along with their Mediterranean cruise in early March after the Canadian government advised against travel to the […]
Faces
The Golden Boy of Indian Finance Faces Its Greatest Threat
India’s largest lender has performed spectacularly against competitors, both state and private banks, and become a global investor darling. Its rapid growth model is now made precarious by India’s sour financial environment and economic slump. HDFC Bank is one of the most popular emerging-market equities in the world. Its popularity […]