Comments follow today’s release of TD Banknorth Inc.'s Q2 earnings
$55 million contribution to wealth management segmen
Masrani named president of TD Banknorth
Morisset brings 12 years of experience to TD Securities
TD Bank Financial Group today reported an increase in second-quarter profit thanks to a strong performance in Canadian retail banking and wealth management.The bank said net income for the quarter ended April 30 grew to $738 million, or $1.01 a share, from $599 million, or 86¢ a share in the year-ago period.“Once again, our operating […]
Bank now owns almost 100% of outstanding common shares
But relief is granted provided various criteria are met
90% of common shares deposited
Campaign designed to increase awareness of bank’s long term commitment
Buys Interchange Bank for US$480.6 million