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.
Naqui mismarked trading positions, concealed losses
Source: The Canadian PressToronto-Dominion Bank (TSX:TD) is reported to be one of at least two potential buyers for Chrysler Financial Corp., a privately owned U.S. company ssid to be worth up to US$7 billion.Bloomberg news service reported Tuesday that TD is in talks to buy the auto loan company currently owned by Cerberus Capital Management […]
Revenue increases
Canada must improve weak productivity and address health-care spending
Despite the increasing popularity of online banking, retail branches are still seen as vital channels for sales and service
Dividend announced
Hundreds of TD Canada Trust branches to open seven days a week