TD Bank chief says "no change in strategy with Ameritrade":

12/22/2010 | Wall Street Journal, The

Ed Clark, president and CEO at TD Bank Group, said that the global capital rules will not prompt a sale of its 45.9% holding in TD Ameritrade, as speculated by market participants. "There's no change in our strategy with Ameritrade," Mr. Clark said. Analysts have said that TD Bank could sell its stake to comply with the Basel III capital rules.

View Full Article in:

Wall Street Journal, The

Published in Brief: