The lender is investing more in its Canadian businesses as it adapts to regulatory restrictions imposed on its U.S.

TD Bank is currently Charles Schwab's largest shareholder, a stake which it acquired as part of the financial services firm's US$26 billion purchase of TD Ameritrade in 2020.

Toronto-Dominion Bank will stick to its goal of fixing its anti-money laundering program and look to grow organically instead ...

Toronto-Dominion Bank will exit its investment in Charles Schwab, the Canadian bank’s first big move under new CEO Raymond ...

Toronto-Dominion Bank’s Canadian operations and capital-markets franchise will be priorities under new Chief Executive ...

Canada's Toronto-Dominion Bank said it would offload its entire 10.1% stake in U.S. financial services firm Charles Schwab ...

the Canadian bank’s first big move under new Chief Executive Raymond Chun to shore up its business following a costly money-laundering scandal. TD will offer its 10.1% stake in Schwab through a ...

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The Canadian bank plans to exit its 10.1% interest in the brokerage firm, allowing it to shore up capital and strategically ...

This transaction is the first major strategic initiative of new CEO Raymond Chun, who assumed leadership on February 1 after succeeding Bharat Masrani. TD Bank acquired its stake in Schwab in 2020 ...