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2023: Bank assets - 66% of Canada's GDP
History
2023
Staff reduction
TD Bank and First Horizon agree to end merger
Canada's TD Bank said regulatory approval was in doubt. The deal disruption comes amid pressure on regional US lenders.
The deal would be the largest in the company's history and allow it to expand its presence in the southeastern United States. The combination would have given the company more than 400 new branches in the country and added more than 1.1 million individual and business customers in 12 states.
2022: Announcement of $13.4 billion US First Horizon purchase
At the end of February 2022, Toronto-Dominion Bank bought First Horizon for $13.4 billion. The deal is supposed to allow Toronto-Dominion to expand its presence in the Southeast. USA More. here
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