The head of Toronto-Dominion Bank says he has his sights set on TD becoming one of the three largest banks in New York, one of the world’s most renowned financial centres. “TD has big plans in the Big Apple,” Ed Clark told shareholders Thursday at an annual meeting held simultaneously in Toronto and New York. […]
Former U.K. Cabinet Secretary Lord Gus O’Donnell brings economic and political expertise to bank
A Canadian class-action lawsuit has been filed on behalf of people who have allegedly been short-changed by Toronto-Dominion Bank coin-counting machines over a three-year period. The suit alleges that the bank had learned of numerous accuracy problems with its coin-counting machines in the United States, but still proceeded with a national rollout of the machines […]
Rating agency revises outlook for RBC and TD due to slowing economy
Regulator alleges firm failed to prevent misrepresentations to investors regarding Reserve Yield Plus Fund
Bank completed 825 financial education projects during he third quarter of 2010
44% increase in funds raised from last year
Brokerage unit expected to contribute $48 million to TD Bank’s Q1 earnings
Source: The Canadian PressTD Bank (TSX:TD) has signed a deal to buy Chrysler Financial from U.S. private equity firm Cerberus for $6.3 billion in a bid to grow its auto lending business across North America.The Canadian bank said it bought the former lending division of the U.S. automaker as part of an investment strategy for […]
Remaining Canadian banks could consider further bank acquisitions in the U.S.