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

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

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

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 ...

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

TD Bank Group (TD) plans to sell its entire 10.1% equity investment in Charles Schwab (SCHW) through a public offering and use part of the proceeds to buy back C$8B (US$5.6B) of its own stock, the ...