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TD Canada Trust, commonly shortened in marketing to simply TD, is the Canadian commercial banking division of the multinational TD Bank Group. It is the second-largest commercial bank in Canada by assets, behind only the Royal Bank of Canada.
CT Financial Services Inc., operating as Canada Trust, was a financial services holding company headquartered in Toronto, Ontario, which operated in Canada through its trust company subsidiaries, including Canada Trustco Mortgage Company and The Canada Trust Company.
Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Scotiabank, Canadian Imperial Bank of Commerce (CIBC), Royal Bank of Canada (RBC), and Toronto-Dominion Bank (TD).
Bharat Masrani is an Indian-Canadian financial executive who is currently the Group President and Chief Executive Officer of the Toronto-Dominion Bank (also known as TD Bank Group). Masrani was appointed to this role on November 1, 2014. [2]
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In Canada, the bank operates through its TD Canada Trust division and serves more than 11 million customers at over 1,091 branches. In the United States, the company operates through their subsidiary TD Bank, N.A., which was created through the merger of TD Banknorth and Commerce Bank.
The TD Waterhouse brand originated as an American brand for discount brokerage when TD purchased Waterhouse Securities in 1996. The name TD Waterhouse was formed and was used for TD's British, Canadian, and American brokerage activities. In Canada, TD Waterhouse thus replaced the brand Greenline.
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 ...
On May 31, 2008, TD Bank Group acquired Commerce Bank, and merged it with TD Banknorth to form TD Bank, N.A., what is now the United States subsidiary of its Canadian parent company. In 2010, TD Bank, N.A. acquired the South Financial Group and its 172 branches across the Carolinas and Florida.
Following TD's acquisition of Canada Trust Financial Services in February 2000, Clark joined TD Bank Group as chairman and chief executive officer of TD Canada Trust. In this role, he oversaw the successful integration of the TD and Canada Trust banking operations.