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Toronto-Dominion CEO Ed Clark (BEN NELMS/REUTERS)
Toronto-Dominion CEO Ed Clark (BEN NELMS/REUTERS)

'If you want to speculate, don't call yourself a bank:' TD CEO Add to ...

Ed Clark is ruffling some feathers.

In a television interview with Bloomberg News that aired Monday, the chief executive officer of Toronto-Dominion Bank waded into the debate on speculative trading and tighter bank restrictions, and he made his opinions quite clear.

Referring to risky trading, he said: “I think we have to drive that activity out of the bank and say, “If you want to speculate, don't call yourself a bank, call yourself a hedge fund.”

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