TD Bank Related Content

TD Bank Group Makes Changes to Senior Executive Team

Bob Dorrance will retire from the positions of CEO and president of TD Securities on Sept. 1, with Riaz Ahmed succeeding him. In addition, Kelvin Tran will become CFO of TD Bank Group and join the senior executive team along with Barbara Hooper. read more

TD Bank Establishes $100MM Equity Fund to Support Minority-Owned Small Businesses

TD Bank established a $100 million equity fund in support of minority-owned small businesses. The fund will enable specialized small business investment companies and community development financial institutions to provide small business loans. read more

TD Bank Survey Shows 41% of Small Business Owners Expect Revenue Growth in 2021

According to TD Bank’s 2021 small business survey, 41% of small business owners expect to grow their revenue in 2021, while only 9% anticipate a decline. read more

TriState Capital Hires Shenk as VP, Relationship Manager of Equipment Finance

TriState Capital hired James Shenk as vice president and relationship manager of equipment finance for TriState Capital Bank. Shenk most recently served as vice president and equipment finance territory manager at Wells Fargo. read more

TD Bank Combines Divisions to Create New Commercial Bank

TD Bank combined its previous commercial and corporate and specialty banking teams to create a new commercial bank. Chris Giamo, head of commercial bank for TD Bank, will lead the newly formed business. read more

TD Bank Acquires Wells Fargo’s Canadian Direct Equipment Finance Business

TD Bank and Wells Fargo entered a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian direct equipment finance business. read more

TD Bank Named to the Dow Jones Sustainability World Index for the Seventh Consecutive Year

For the seventh consecutive year, TD Bank was listed in the DJSI World Index, a benchmark for environmental, social and economic performance. read more

Restaurant Franchisees Shift Focus to Off-Premise Sales, New Payment Options

Off-premise sales and non-traditional payment options have become a key focus for restaurant franchisees in light of the COVID-19 pandemic, according to the 2020 Restaurant Franchise Pulse survey from TD Bank. read more

TD Investments More Than $5.5MM in International African American Museum

TD Community Development Corporation allocated new markets tax credits to the International African American Museum in Charleston, SC, to assist in its construction project and opening, resulting in an equity investment of more than $5.5 million from TD. read more

TD Bank: Most Small Businesses Expect 2020 Revenue Decline

More than half (58%) of small business owners reported that they expect their revenue to decrease in 2020, even though 47% said they did not have to close for any amount of time during the COVID-19 pandemic, according to data from TD Bank. read more

TD Bank Q2/20 Earnings Down 52% Y/Y, Revenue Up 2.9%

TD Bank Group reported Q2/20 earnings of C$1.5 billion, down 52% compared with the same quarter last year and total revenue of C$10.5 million in Q2/20, up 2.9% from $10.2 million in Q1/20. read more

TD Allocates $25MM to Organizations Engaged in COVID-19 Response, Community Recovery

TD Bank introduced TD Community Resilience Initiative, which will allocate C$25 million ($17.92 million) to organizations engaged in COVID-19 response and promoting community resilience. read more

Wells Fargo Hires TD Vet Patterson as General Counsel

Ellen Patterson will join Wells Fargo as its senior executive vice president and general counsel. She most recently served at TD Bank as group head and general counsel. read more

TD Survey: Finance Professionals Split on Potential Economic Recession

Half of financial professionals do not expect potential economic turmoil in 2020. Top concerns include fraud and cybersecurity, and real-time payments will be a top investment area, according to a TD Bank survey. read more

TD Bank Provides $4.3MM in Financing to Asthma & Allergy Centers

TD Bank’s Healthcare Practice Solutions Group closed a $4.3 million term loan and line of credit for Asthma & Allergy Centers, a growing healthcare business. read more

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