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Sector Update: Financial Stocks Higher Thursday Afternoon
Sector Update: Financial
The TSX Trades at a Record High at Midday as Fed Cuts Raise Risk Appetites
Top Midday Stories: Darden Partners With Uber for Deliveries; FTC Issues Scathing Report on Social Media, Streaming Companies
CCORF Maintains The Toronto-Dominion Bank(TD.US) With Buy Rating, Maintains Target Price $68.6
CCORF analyst Matthew Lee maintains $The Toronto-Dominion Bank(TD.US)$ with a buy rating, and maintains the target price at $68.6.According to TipRanks data, the analyst has a success rate of 60.7%
The Bank of Montreal, which is under investigation by the USA government, will have Chun take over as CEO from Masrani.
Gelonghui, September 19th: TD Bank, which is being investigated by the Department of Justice and financial regulatory institutions for the lack of money laundering controls in its U.S. branches, stated that CEO Bharat Masrani will retire in April next year and will be succeeded by Raymond Chun. The second largest bank in Canada announced on Thursday that Chun will join the board of directors on November 1st and become the Chief Operating Officer, and will officially become the CEO on April 10th. Currently, Chun is in charge of the bank's Canadian retail business. Masrani has been with TD Bank for several decades and was appointed CEO in 2014.
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