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Bullboard - Stock Discussion Forum Toronto-Dominion Bank T.TD

Alternate Symbol(s):  TD | TDBCP | T.TD.PF.A | TDOPF | T.TD.PF.C | T.TD.PF.D | TDBKF | TDOMF | T.TD.PF.E | T.TD.PF.I | T.TD.PF.J

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial... see more

TSX:TD - Post Discussion

Toronto-Dominion Bank > A Comment From Lorne Steinberg
View:
Post by Dibah420 on Mar 18, 2024 8:31am

A Comment From Lorne Steinberg

Regulators  (in US) forced the bank away from making a stupid acquisition.
Comment by TheBridge on Mar 18, 2024 4:20pm
IMO, the statement is incorrect and should be reworded to say, "Regulators (in US) forced a bank with incompetant management with inadequate policies(that other banks have in place) to deal with money laundering laws from making an acquisiton that TD had deemed a valuable assest. And in addition to not being permitted to make the acquisition TD now is still facing substantial penalties ...more  
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