TD Bank Seeks Up To $2.54b In Charles Schwab (SCHW) Share Sale: Terms - Bloomberg

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National Bank Financial Upgrades Toronto-Dominion Bank (TD:CN) (TD) to Sector Perform

August 23, 2024 8:41 AM EDT

National Bank Financial analyst Gabriel Dechaine upgraded Toronto-Dominion Bank (TD:CN) (NYSE: TD) from Underperform to Sector Perform with a price target of Cdn$78.00 (from Cdn$74.00).

The analyst comments "Although TDs quantification of US$3 bln of provisions against potential U.S.... More

Toronto-Dominion Bank (TD) has sold 40.5M shares of common stock of Charles Schwab (SCHW)

August 21, 2024 5:01 PM EDT

(Updated - August 21, 2024 5:02 PM EDT)

TD Bank Group ("TD" or the "Bank") (TSX: TD) (NYSE: TD) today announced that the Bank continues to actively pursue a global resolution of the civil and criminal investigations into its U.S. Bank Secrecy Act (BSA)/anti-money laundering (AML) program by its U.S. prudential regulators, the Financial Crimes Enforcement Network (FinCEN) and the U.S. Department of Justice (DOJ). In anticipation of a global resolution, which will include monetary and non-monetary penalties, the Bank has taken a further provision of... More