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TD Bank Group To Acquire Wells Fargo's Canadian Direct Equipment Finance Business
RBC CEO Mckay Says 'Feeling Very Confident' Of Beating Forecast Of Slower Mortgage Growth In 2021
TD Says Provisions For Credit Losses Expected To Be Lower In FY2021 But May Remain Elevated From Pre-Covid-19 Levels -Conf Call
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Company’s segments include Canadian Retail, U.S. Retail, Wholesale Banking and corporate. Canadian Retail segment serves customers in the Canadian personal and commercial banking, wealth, and insurance businesses. Personal Banking provides financial products and advice through its network of approximately 1,091 branches, 3,509 automated teller machines (ATM), telephone, digital and mobile banking. U.S. Retail comprises the Bank's personal and business banking operations under the brand TD Bank and wealth management in the United States. Wholesale Banking offers a range of capital markets and corporate and investment banking services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, funding, and investment needs of its clients.
P.O. Box 1
Brian Michael Levitt
Non-Executive Independent Chairman of the Board
Bharat B. Masrani
Group President, Chief Executive Officer, Non-Independent Director
Group Head and Chief Financial Officer
Gregory B. Braca
Group Head, U.S. Banking, TD Bank Group and President and Chief Executive Officer, TD Bank, America's Most Convenient Bank
Robert E. Dorrance
Group Head - Wholesale Banking of TD Bank and Group Chairman, President, CEO of TD Securities
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Toronto-Dominion Bank said on Thursday it had agreed to buy U.S. lender Wells Fargo & Co's Canadian Direct Equipment Finance business.
Toronto-Dominion Bank will defend itself in a trial starting in a Canadian court on Monday in which liquidators of the collapsed Antigua bank of former Texas financier Robert Allen Stanford are seeking $5.5 billion in damages.
Toronto-Dominion Bank reported fourth-quarter profit that beat analysts' estimates on Thursday, on lower-than-expected provisions for credit losses and as its Canadian retail business and wholesale banking income grew from a year earlier.
Toronto-Dominion Bank <TD.TO> and Canadian Imperial Bank of Commerce <CM.TO> beat analyst expectations for third-quarter profit on Thursday as strong earnings growth in their capital markets businesses helped offset weakness in almost every other unit.
TD Bank has been ordered to pay $97 million in restitution and $25 million in civil penalties for charging U.S. consumers fees without consent on its optional overdraft service, the U.S. Consumer Financial Protection Bureau (CFPB) said on Thursday.
TD Bank has been ordered to pay $97 million in restitution and $25 million in civil penalties for charging U.S. consumers fees without consent on its optional overdraft service, the Consumer Financial Protection Bureau said on Thursday.
Toronto-Dominion Bank's chief executive on Monday called for "zero tolerance" of racism after violent protests raged across the United States for a sixth straight night over racial inequities and excessive police force.
Canadian Imperial Bank of Commerce (CIBC) and TD Bank Group missed quarterly earnings expectations on Thursday, as they set aside billions to cover future loan losses due to the COVID-19 outbreak.
TD Bank Group <TD.TO> reported a 52% fall in quarterly profit on Thursday, as Canada's second-biggest lender by market value set aside more money to cover loan losses due to the COVID-19 pandemic.
Norie Campbell, a longtime executive at Toronto-Dominion Bank, is serving as the bank's general counsel for the second time, after its most recent top lawyer decamped for a new gig at Wells Fargo & Co.
TD Bank Group reported a 24% rise in quarterly profit on Thursday, as Canada's second-biggest lender by market value benefited from strong performance in its wholesale banking unit.
Toronto Dominion Bank <TD.TO> and Canadian Imperial Bank of Commerce <CM.TO> chief executives declined to rule out restructuring charges on Tuesday as Canadian banks turn to controlling costs to drive earnings growth in what is expected to be a tough year.
Canadian banks are bracing for another year of muted earnings growth after disappointing quarterly results erased about C$21 billion ($15 billion) from their market values in the past week and closed out the worst year for profit expansion since the financial crisis.
TD Bank Group <TD.TO> reported a 3.5% fall in fourth-quarter profit on Thursday, as Canada's second-biggest lender by market value was hurt by higher provisions for loan losses and a restructuring charge.
TD Bank Group reported a 3.5% fall in fourth-quarter profit on Thursday, as Canada's second-biggest lender by market value was hurt by higher provisions for loan losses and a restructuring charge.
Canada's Toronto Dominion Bank has been added to a global list of systemic banks that must hold extra capital, the Financial Stability Board (FSB) said on Friday.
Royal Bank of Canada and Toronto-Dominion Bank have agreed to pay a combined C$24.5 million ($18.5 million) to settle charges of foreign exchange trading malpractices brought against the Canadian banks by a regulator, following a settlement hearing held on Friday.
Toronto-Dominion Bank has agreed to pay a combined C$10.1 million ($7.6 million) to settle charges of foreign exchange trading malpractices brought against the Canadian bank by a regulator, following a settlement hearing held on Friday.
TD Bank Group <TD.TO>, Canada's second-biggest lender by market value, said third-quarter profit rose as growth in its U.S. retail business outweighed higher loan-loss provisions and subdued margins that have also hit rivals.
TD Bank Group reported a 4.6% rise in third-quarter profit on Thursday, as Canada's second-biggest lender by market value benefited from strength in its U.S. retail business.
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