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TD Bank

Latest Headlines

Latest Headlines

Big banks hike existing consumer fees

One of the biggest challenges facing large retail banks face right now is the pressing need for revenue at a time when consumers are strapped and keen to put up a fight. The recent fiasco at Bank of America, which tried unsuccessfully to impose a simple debit card fee on consumers, was ample e

As Chase kills two more fees, banks fight for customers

Are the largest banks spooked by the public backlash against Bank of America's debit card fee foray, the fallout of which has engulfed them all? To be sure, we've seen banks beat a fast retreat from their debit card fee plans. Several banks, including JPMorgan Chase and Wells Fargo, cancel

Banks to save billions via higher cap on debit fees

The banking industry won a huge victory when the Federal Reserve--as it enacted the Durbin Amendment--decided to lift the cap on debit card swipe fees that merchants have long complained about. The new cap of 21 to 24 cents per transaction, rather than the originally proposed 12 cents per tran

TD Bank's new green bank branch rising

We've noted that going green has several core business benefits, such as cost savings. But there are public relations and marketing benefits as well. TD Bank seems to understand that, as it just

Canadian banks may buy more U.S. assets

Canada to the rescue! Canadian banks have been on something of a buying spree in the United States as of late. TD Bank made news with its $6.3 billion deal to buy Chrysler Financial. That followed the Bank of Monteal's deal to buy Marshall and Ilsley, a troubled Milwaukee-based bank, for $4.1 bill

TD Bank opens green branch in New York

Several banks have won accolades for their green initiatives. Most of these efforts were focused on data centers ( data center news)and large buildings. But TD Bank is winning attention for the recent

How badly are bank brands suffering?

According to J.D. Power's latest survey of consumers, the biggest two banks took the biggest hits when it comes to customer satisfaction: Bank of America and Citigroup. Banks that did well include Wells Fargo, Wachovia, Arkansas' Arvest Bank, Bank of the West, Missouri's Commerce Bank, Harris Bank

ALSO NOTED: HSBC, Citigroup spa over banker in Asia; Carlyle hedge fund hit hard; and much more... ; and much more...

Company News: > HSBC, Citigroup spar over banker in Asia. Article > Carlyle hedge fund hit hard.  Article > CIBC's Whitney cuts Lehman estimate. Article    > National Australia Bank buys U.S.-based Great Western Bank. Article > TD Bank earnings rise.

C&L: Executive Moves

KKR hires David Sorkin as top lawyer Patricia Lovett-Reid, Teri Currie and Colleen Johns of TD Bank make most powerful list Barry Zubrow to join JP Morgan as chief risk officer   Norbert Reis joins Carlyle's European buyout team as managing director (Ca