Entries tagged "Toronto Dominion"
In circumstances that are fast coming to resemble those surrounding Colonial, time is running out for another large financial institution: Guaranty Financial Group.
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.
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.
A little bank in central Massachusetts has forced the hand of Canada's second-largest bank, Toronto-Dominion Bank, into unifying its entire U.S. branding strategy. Last year, Toronto-Dominion acquired Commerce Bancorp, a Cherry Hill, N.J.-based bank with branches from New York to Washington, with a beachhead in South Florida. With the acquisition, TD's U.S. moniker, TD Banknorth, began to seem inappropriate, and the firm announced a rebranding around the Commerce name....
