![]() ![]() Above all, I want to thank our colleagues at TD Bank, America’s most convenient Bank, for their tremendous efforts and steadfast dedication to the Bank, the millions we serve and the communities in which we live and work. Toronto-Dominion Bank’s handling of suspicious customer transactions was behind regulators’ refusal to bless the Canadian lender’s 13.4 billion bid to buy First Horizon, people familiar. TORONTO and MEMPHIS, Tenn., /PRNewswire/ - TD Bank Group (TSX and NYSE: TD) ('TD. “I want to thank First Horizon for their partnership over the last several months and wish them enormous success for the future. TD Bank Is Unable to Obtain Timetable for Regulatory Approvals for Reasons Unrelated to First Horizon. Though disappointed with the outcome, we move forward with a strong, growing franchise in the United States, servicing more than 10 million customers across our footprint,’’ said Bharat Masrani, group president and chief executive officer, TD Bank Group. “This decision provides our colleagues and shareholders with clarity. markets, while maintaining a strong, asset-sensitive balance sheet well-positioned for the current rate environment.” ![]() We continue to develop and expand deep client relationships across all of our markets, which include some of the fastest-growing U.S. ![]() Wessel, whose firm manages about C2.2 billion (1.6 billion. “Our strong capital position, disciplined credit quality, expense control measures, and well-diversified and stable funding mix have enabled our business to navigate challenging banking industry dynamics and remain focused on executing our client-centric growth plan. First Horizon was trading at 17.70 late Monday morning, implying that traders believe the deal will fall apart or be repriced lower. ![]()
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