The bank’s shares dropped more than 5% on Friday after allegations that employees broke the law to meet sales targets
The bank’s shares tumbled on Friday, as investors are concerned the fallout could be similar to what happened at Wells Fargo last year
Higher trading revenues and lower loan losses help banks beat expectations
Rowena Chan, the new head of TD Wealth Financial Planning, wants to double assets under administration
However, the bank does not intend to make the U.S. robo-advisor available to Canadian investors for the time being
Mike Pedersen will retire as president and CEO of TD’s U.S. bank and Greg Braca will take over effective June 1, 2017
No impact on bank’s credit ratings
Scottish firm Interactive Investor to purchase TD Direct Investing
The national average price of a home grew by 9.9% over this time last year
The bank will work with 23 start-ups by providing mentorship and business development support to help them develop a working prototype