Hints and tips:
...Toronto-Dominion Bank and its subsidiaries have been on a buying spree in the US since the mid-2000s as it spent billions of dollars to amass assets and become a leading consumer banking player across North...
...The tie-up is expected to create a $68bn chipmaking powerhouse that will help the companies compete with much larger rivals like Texas Instruments....
...The airline and its banking partners — Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and Visa Canada — will pay Aimia C$450m in cash for the Aeroplan business and assume frequent-flyer points...
...RBC ranks as Canada’s second-largest bank by assets with C$1.26tn (US$974bn), a whisker behind Toronto-Dominion with C$1.28tn....
...US jobs Data on Friday are expected to show that the pace of US job creation cooled in November, having rebounded strongly the previous month following hurricane-related damage in Texas and Florida....
...West Texas Intermediate is also down 0.5 per cent at $51.03 a barrel. Eyes now turn to the US weekly inventory report later in the day....
...How could James Murdoch remain as Sky chairman, in the midst of a bid from father Rupert’s 21st Century Fox, a dominion where the young son also serves as chief executive?...
...RBC had C$1.2tn ($892bn) of assets at the end of April, a whisker behind Toronto-Dominion, with C$1.25tn....
...DBRS, a Toronto-based credit ratings group, on Monday said its had appointed Stephen Joynt as interim chief executive as Daniel Curry exits the company....
...Vista Equity Partners, the US private equity group that owns Misys, has beaten rival buyout group Advent International to acquire the Toronto-listed company in a deal worth C$4.8bn (US$3.6bn) including debt...
...West Texas Intermediate, the US oil marker that lost 2.5 per cent on Wednesday, is slipping 0.2 per cent to $41.64 a barrel....
...Now Mitsubishi UFJ Financial Group, Commerzbank, National Australia Bank, Royal Bank of Canada, SEB, Société Générale and Toronto-Dominion Bank have joined....
...Not long after, Toronto-Dominion, known as TD Bank, struck a deal with Canadian Imperial Bank of Commerce, or CIBC. This was too much to bear for the government....
...Along with RBC Dominion Securities, Dundee Securities has been the biggest cheerleader for Sino-Forest, the Toronto-listed Chinese forestry operator accused of a massive fraud....
...In 1973 he started Commerce Bank in Philadelphia on similar lines to Metro Bank, right down to free biscuits for customers’ dogs, ultimately selling it for $8.5bn 25 years later to Canada’s Toronto-Dominion...
...He worked for RBC Dominion Securities in Toronto, and in M&A at JPMorgan in New York. At Lehman, he worked in corporate finance and equity trading, before his timely exit....
...about $180m in fees at stake, the JPMorgan deal team is led by energy banking boss Doug Petno, global M&A head Jimmy Elliott and Lloyd Pengilly and Adam Brett in London, working alongside Barclays Capital, Toronto-Dominion...
...At the height of the financial crisis, these arrangements covered as much as 95 per cent of a failed bank’s portfolio, but have since declined to 50 per cent on some deals, including Toronto-Dominion Bank...
...People close to the matter said previously that Toronto Dominion and JPMorgan had also expressed interest in Guaranty, which garnered interest from other regional banks due to its presence in Texas....
...Banks ranging from Toronto-Dominion and BBVA to Wells Fargo and New York Community Bank, as well as one private equity consortium, have considered making offers....
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