TSX:TDBanks
TD Bank Expands Capital Markets While Accelerating Buybacks And Debt Redemption
Toronto-Dominion Bank (TSX:TD) is expanding its debt and equity capital markets business by hiring six senior bankers from rival institutions.
The bank has also announced a new multi billion dollar share repurchase program.
TD plans to redeem CA$1.25b in subordinated notes as part of its latest capital actions.
For investors watching Toronto-Dominion Bank, the combination of capital markets hiring and balance sheet moves comes on top of a long record of share price performance. TSX:TD last...