Post by
retiredcf on May 04, 2023 10:53am
Brian Madden
There was later coverage indicating that over the next year or so, the Canadian banks may make out like bandits in picking up seriously discounted US regional banks. TD management were very prudent in cancelling this deal. GLTA
Termination of the deal is a bitter pill to swallow for TD shareholders: Portfolio manager
Brian Madden, chief investment officer at First Avenue Investment Counsel, joins BNN Bloomberg to talk about buying opportunities for TD Bank after terminating the merger agreement with First Horizon.
https://www.bnnbloomberg.ca/video/termination-of-the-deal-is-a-bitter-pill-to-swallow-for-td-shareholders-portfolio-manager~2680569
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