Ameritrade deal raises some credit challenges
U.S. brokerage firm Ameritrade Holding Corp. today confirmed iit is buying TD Waterhouse USA, the American part of TD’s online brokerage unit.Under terms of the deal, TD Bank gets a 32% interest in the combined company, to be known as TD Ameritrade. Ameritrade will sell the Canadian operations of TD Waterhouse back to TD for […]
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