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When did Toronto-Dominion Bank merge with TD Canada Trust?
Why did TD Bank merge with Dominion Bank?
When did the Dominion Bank merge with the bank of Toronto?
When was the Toronto - Dominion Bank founded?
Jun 5, 2006 · The Toronto-Dominion Bank is the result of the past mergers of three financial companies: The Bank of Toronto, The Dominion Bank, and Canada Trust. The mergers began in 1955 when The Dominion Bank merged with The Bank of Toronto.
On February 1, 1955, The Bank of Toronto and Dominion Bank merged to form Toronto Dominion Bank, but TD traces its roots back even further to the founding of The Bank of Toronto in 1855. You can learn more about TD's history here.
Canada Trust was acquired in 2000, and presently serves TD's Canadian commercial banking operations. In 1998, TD Bank and the Canadian Imperial Bank of Commerce agreed to a merger.
History. TD Canada Trust branch in Edmonton, Alberta. The Bank of Toronto (founded in 1855) and The Dominion Bank (founded in 1869) merged on 1 February 1955 to form TD Bank.
Jan 31, 2000 · The head of the newly created TD Canada Trust bank says that Paul Martin's approval of the takeover of Canada Trust by Toronto Dominion is good news for clients of both banks. Edmund Clark...
How ironic, then, that Clark's trust company, if Ottawa gives its blessing, will be absorbed by TORONTO DOMINION BANK - and that Clark, who is to become chairman and CEO of TD Canada Trust, the merged retail banking operation, has been sent forth to help explain and defend the takeover.
6 days ago · Interestingly, the new TD Bank pursued an organic growth strategy that looked much the same as the one the banks had pursued individually prior to the merger. TD appeared for many years to be the exception to the rule in Canadian banking that acquisitions were key to successful growth. After the purchase of Canada Trust in 2000, TD set its ...
