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The remaining branch in Paris, Ontario, was sold to Laurentian Bank of Canada. In all six TD branches and seven Canada Trust branches specifically changed hands to meet the Competition Bureau's requirements. In response, TD announced it would close 275 branches, representing 4,900 employees, to adhere to the ruling and to reduce overall costs.
TD Canada Trust, commonly shortened in marketing to simply TD, is the Canadian commercial banking division of the multinational TD Bank Group. [a] [4] It is the second-largest commercial bank in Canada by assets, behind only the Royal Bank of Canada. TD Canada Trust offers a range of financial services and products to more than 10 million ...
The Toronto-Dominion Centre, or TD Centre, is an office complex of six skyscrapers in the Financial District of downtown Toronto owned by Cadillac Fairview. It serves as the global headquarters for its anchor tenant, the Toronto-Dominion Bank, and provides office and retail space for many other businesses. The complex consists of six towers and ...
According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd, and 63rd place, respectively. [4] RBC and TD Bank are also on the Financial Stability Board 's list of systemically important banks as of 2020.
TD Bank, N.A. is an American national bank and the United States subsidiary of the multinational TD Bank Group.It operates primarily across the East Coast, in 15 U.S. states and Washington, D.C. TD Bank is the seventh-largest U.S. bank by deposits and the 10th largest bank in the United States by total assets, resulting from a series of several mergers and acquisitions.
Canada Trust was a trust company that offered the same services as a bank. It was one of Canada's largest non-bank financial institutions, with $38 billion in deposits and $176 billion in assets. It had 11,000 employees and 3.5 million customers and operated a network of 413 branches across Canada; and almost 1,000 automated banking machines.
TD had 1,087 branches across Canada as of Jan. 31, just one fewer than a year earlier. Toronto-Dominion Bank is unlikely to close a large number of branches in Canada even as it accelerates ...
The main Montreal branch of the Bank of Montreal, Canada's oldest bank. Toronto's financial district. This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks".