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TD Bank expanded into the United States in the early 21st century. In 2004, TD Bank entered the American retail banking market, announcing an agreement to acquire the majority stake of Banknorth, a New England–based bank, for a total of US$3.8 billion. [20] Banknorth was later rebranded as TD Banknorth after the sale was finalized in March 2005.
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Robert Willem "Robin" Korthals (7 June 1933 – 28 October 2023) was a Canadian banker who served as president of the Toronto-Dominion Bank from 1981 to 1995. Korthals joined Toronto-Dominion in 1967 and rose quickly through the ranks, becoming a vice-president in 1972 and an executive vice-president in 1978.
National regulators subject banks determined to be G-SIBs to stricter prudential regulation such as higher capital requirements and extra surcharges, or more stringent stress tests. [19] In Canada, the Office of the Superintendent of Financial Institutions designated Royal Bank of Canada and Toronto-Dominion Bank as G-SIBs as well as D-SIBs ...
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 ...
The Toronto-Dominion Bank (TD Bank) is a financial services group based in Canada. TD Bank may also refer to: TD Canada Trust, based in Toronto, Ontario, TD Bank's Canadian retail banking division; TD Bank, N.A. based in Cherry Hill, New Jersey, TD Bank's American retail banking division
Richard Murray Thomson OC (born 14 August 1933) is a Canadian retired banker who served from 1972 to 1978 as president and from 1978 to 1998 as chairman of the Toronto-Dominion Bank. Thomson joined the bank in 1957 and served subsequently in several branches.