Economic headwinds have forced all of the banks to look for high-margin opportunities to drive earnings. TD has invested heavily in credit card portfolios in the past few years and recently launched a new web broker platform to boost revenue on the ...
Toronto Dominion Bank (The) (NYSE:TD) has lost 0.54% during the past week and dropped 0.78% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 0.58%.
TD Bank (TD) - or Toronto Dominion Bank, as it's better known in Canada - may not seem like a good choice with its national economy in recession and the global financial sector still trying to get back on a consistent growth footing.
One bank that I've been paying more attention to recently is Toronto-Dominion Bank (TSX:TD)(NYSE:TD). Due to how the stock market has been behaving, all sorts of stocks have been dropping in price, including TD.