Entries tagged "TD Bank"

After Colonial, clock ticks for Guaranty

In circumstances that are fast coming to resemble those surrounding Colonial, time is running out for another large financial institution: Guaranty Financial Group.

Dealmaker to run for governor of Maine

Dealmaker and entrepreneur Les Otten, who once owned a share of the Boston Red Sox, is now looking to add governor to his resume.

BankUnited auction a test for PE

Private equity firms are likely carefully watching the FDIC's BankUnited auction for clues to how the regulator might view future bank bids from PE firms.

FDIC to pick a foreign buyer for BankUnited?

As the FDIC-led auction for BankUnited Financial Corp. comes to a head, nationalistic concerns seem to have become a factor in the sale.

Finance Layoffs: BofA, Regions, Fidelity and more

The latest layoff rumors and reports include Bank of America Corp., Regions Financial, Fidelity Investments and more.

Canadian banks could grow at RBS' expense

As Royal Bank of Scotland stumbles, Canada's leading banks may have their eyes on the U.K. firm's U.S. unit, Citizens Financial Group.

Canadian banks moving up the rankings

The credit crisis has strengthened the standing of Canada's banks as Royal Bank of Canada displaces Bank of America as North America's fourth-largest bank by market cap.

Canadian banks to be patient in the U.S.

Canadian banks say they are not looking at buying major institutions in the U.S. right now, preparing to keep their powder dry until the economy improves. ...

Commerce's Vernon Hill is back in banking

It's hard to keep an entrepreneur down. So even a shaky banking industry hasn't stopped Commerce Bancorp founder Vernon Hill from jumping back into the fray after a two-year layoff. The founder of what is now the crown jewel of Toronto-Dominion Bank's U.S. operations is looking to work his "magic" again by acquiring and building another small bank.  ...

Fuddy-duddy banks feast on their once flashy peers

Boring is beautiful in banking, and we should all be excited at the prospects of the world being populated soon by more boring bankers. There is a Darwinian process of natural selection taking place among banks now, and it is those financial fuddy-duddies in their pin-striped suits who are feasting on their once flashier peers....

When will Canadian banks head south?

The subprime mortgage crisis has presented Canadian banks with a fascinating opportunity, and it will be interesting to see if any of them them seize it, and how quickly. ...

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