Toronto-Dominion has record U.S. quarter on Ameritrade boost

TORONTO DOMINION BANK's U.S. retail division reported a record profit of $881.6 million in the quarter ended July 31. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER DILTS
TORONTO DOMINION BANK's U.S. retail division reported a record profit of $881.6 million in the quarter ended July 31. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER DILTS
NEW YORK - Toronto-Dominion Bank posted a record quarter in the United States, thanks to Americans who took out more loans and turned to the discount broker services of a bulked-up TD Ameritrade. The Canadian lender reaped $174 million (C$225 million) from its investment in the U.S. brokerage, which along with tax cuts and loan…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display