TD Bank's Bold Move: Investing Heavily in Canadian Operations Following $14 Billion Schwab Sale

Toronto-Dominion Bank (TD) has announced a strategic decision to reinvest in its Canadian banking division shortly after completing a significant $14 billion divestiture of its U.S. brokerage business to Charles Schwab. This acquisition aligns with TD's long-term vision to bolster its presence in the Canadian financial landscape, as it seeks to leverage the capital generated from this landmark sale.

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