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

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 ...

TD Bank Group announced it plans to sell its equity investment in Charles Schwab through a registered offering and share repurchase. Currently, TD Bank holds 184.7 million shares, or a 10.1% economic ...

Toronto-Dominion Bank announced on Monday it will ... the decision to exit our Schwab investment,” TD’s newly appointed CEO Raymond Chun said. Chun became CEO on February 1, replacing long ...

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 ...

TD Bank chief executive Raymond Chun says the bank plans to use C$8 billion of the proceeds to repurchase shares and plans to invest the balance of the proceeds in its businesses. “We are confident in ...

The move didn't come as a surprise following newly instated TD President and CEO Raymond Chun's comments last month that the bank was reviewing its stake in the Westlake, Texas-based company. Chun, ...

TD Bank Group has designated $5.6 billion from ... Group President and CEO Raymond Chun highlighted his pleasure with the profitable outcomes derived from this investment. TD will devote its ...

Newly minted TD chief executive officer Raymond Chun has been conducting a strategic review to turn around the bank as it invests in extensive remediation requirements to fix gaps in its ...