Over done.The earning from US retail is ~25%, even assume there is not growth on it for next 5 years, plus annual overhead of 500mm.
We are talking about less than 5 billions impact to TD's value. And that's assuming 5 years asset cap.
Add another 5 billions to be even more conserative. TD lost 30-50 billions market cap because of this?
If those analysts and advisors are any good, they would not be working for someone else, and not in a Canadian banks anyways.