TD Bank Financial Performance and Strategy Update
Strategic Evolution of TD
Increasing Retail Focus
Acquired
51% of
Banknorth
TD
Waterhouse
Privatized
USA/
Ameritrade
transaction
TD Banknorth
Acquired
Commerce
Bank
Commerce
Bank
integration
Acquired
Riverside
& TSFG
Acquired
Chrysler
Financial
and MBNA
credit card
portfolio
Acquired Target credit
card portfolio &
Epoch; and
announced
agreement with Aimia
and CIBC
Became primary
issuer of Aeroplan
Visa; acquired -50%
of CIBC's Aeroplan
portfolio
Completed strategic
credit card
relationship with
Nordstrom
Announced
agreement to
acquire
Scottrade
Bank3
TD
2005
2006
2007 2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Exited select businesses
(structured products, non-franchise credit,
proprietary trading)
Partnering with
TD Bank, America's
Most Convenient Bank
to expand U.S.
franchise
Achieved Primary Dealer
status in the U.S.1
Participated in largest
Canadian IPO in 14
years and one of the
largest bond placements
in Canadian history²
Expanded
product offering
to U.S. clients
and grew our
energy sector
presence in
Houston
Acquired Albert
Fried &
Company, a New
York-based
broker-dealer
From Traditional Dealer To Franchise Dealer
Lower-risk retail focused bank with a franchise dealer
1. Primary dealers serve as trading counterparties of the New York Fed in its implementation of monetary policy. For more information please visit https://www.newyorkfed.org/
2. Nalcor Energy Muskrat Falls Project (C$5 billion bond placement) and PrairieSky Royalty (C$1.7 billion initial public offering). Please see "Business Highlights" in the Wholesale Banking Business Segment Analysis of the Bank's 2014 Annual Report.View entire presentation