TD Bank Group and US-based First Horizon Corporation have mutually agreed to scrap their previously announced $13.4 billion deal under which the Canadian banking group planned to acquire the latter. The deal has been terminated as TD Bank Group owing to regulatory uncertainty. TD Bank Group said that it has notified First Horizon that it […]
TD Bank Group has completed the previously announced $1.3 billion acquisition of Cowen, an American investment banking company listed on Nasdaq. The all-cash deal was announced by the Canadian banking group in August 2022 in an effort to expand its investment banking business and capabilities in the US. According to TD Bank Group, the acquisition […]
Toronto-Dominion Bank (TD Bank Group) has agreed to acquire Cowen Inc., a publicly-listed American investment banking company, in an all-cash deal worth $1.3 billion or $39 per share. The deal enables the Canadian banking group to grow its investment banking business and capabilities in the US. Bharat Masrani — TD Bank Group President and CEO […]