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‘We don’t have to go out there and do transformative deals’ in order to compete, TD CEO Bharat Masrani says.
‘We don’t have to go out there and do transformative deals’ in order to compete, TD CEO Bharat Masrani says.
(RICH SCHULTZ/)

TD not looking for another major U.S. acquisition

Despite the constant rumours, Toronto-Dominion Bank doesn’t feel the need to go buying in the United States again.

Whenever there is speculation that an eastern U.S. retail bank is up for sale, TD is often expected to be one of the bidders – much to the consternation of TD’s management team, which is sick of deflecting questions about the rumours.