Toronto-Dominion Bank

With headquarters based in Toronto, Toronto-Dominion Bank (TD Bank), together with the body’s subsidiaries, is operating under the common cap of the Bank Financial Group: the sixth largest provider of financial services in North America. The group’s 74,000 devoted officials provide premium financial services to more than eighteen million clients in Canada and abroad. The Bank Financial Group has developed business activities in the spheres of personal banking, insurance services, wealth management, and investment advisory. The group’s personal and commercial banking in the United States is successfully managed by TD Bank, which has been tagged as “America’s most convenient bank”, whereas the wholesale banking business of TD Group is operated by TD Securities & Wholesale Banking. In addition, the Group has earned a place among the world’s leading providers of online banking and financial services. The shares of Toronto-Dominion Bank are traded on the stock exchanges in New York and Toronto under the ticker TD. Financial Group disposed of CDN$557 billion in assets on October 31, 2009. At the beginning of the last quarter of 2009, TD Bank Financial Group reported assets of slightly over 538 billion US dollars.

The group’s business and personal banking activities in Canada are governed by three major subsidiaries: TD Canada Trust - a costumer-oriented division of TD Bank Group, providing banking and financial services to more than eleven million individual clients and small businesses on the territory of Canada, as well as internet and telephone banking and a reliable ATM network; TD Commercial Banking offers specially-tailored banking and financial services to large and medium-sized enterprises including one-to-one business consulting, telephone, and online banking. Toronto-Dominion Insurance, a member of TD Financial Group, provides a wide range of insurance products and services. Some of these credit and business insurance, life and health insurance packages, travel insurance, as well as auto and home insurance options. According to recent statistical information, this branch is the leader on the home and auto insurance market in Canada. In addition, the bank offers extensive travel insurance which comes with benefits such as: arranging appropriate medical care, getting in touch with family members and reporting on the patient’s condition, contacting his family doctor, and providing 24-hour telephone assistance. The travel insurance plan includes coverage of up to $2 million for medical treatment, lab tests, x-rays, emergency room charges, etc.

The wealth management business of Bank Financial Group is operated by a number of subsidiaries based in Canada and around the world. Waterhouse provides a broad array of consumer financial services such as brokerage, mutual funds, and investment advisory services. Its Canadian arms – Toronto-Dominion Waterhouse Discount Brokerage is a provider of self-planning investment tools while Waterhouse Private Client Services offers specially tailored investment solutions. Toronto-Dominion Waterhouse Financial Planning is another subsidiary and a provider of long-term financial planning and investment advisory services. In the United States, the wealth management business of TD Bank Group is operated by TD Ameritrade, a provider of a wide range of investment advisory and financial planning solutions.

TD Securities, the wholesale banking subsidiary of the Bank Financial Group, provides a broad array of capital market services and products to large corporate entities, governments and state-operated institutions. Some of the offered services are capital market analyses, government banking, and interest rate monitoring, along with acquisition and divestiture advisory and foreign trade assistance.

Finally, TD Bank, America’s most convenient bank, offers premium retail and business banking services and products to over 6.5 million clients in the United States. The banking institution has 23,000 employees and a network comprising of over 1,000 offices across the country.