Medium - term growth target

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TD bank reinstates medium term growth target, focuses on high fee segments
Yahoo Finance· 2025-09-29 16:39
TORONTO (Reuters) -TD Bank on Monday forecast return on equity of about 16% for the next four years, reinstating a growth target it suspended in December as it recovered from a historic $3 billion fine in the United States for anti-money laundering failings. The lender said a part of its focus will be on high fee businesses such as wholesale banking and wealth management. It plans to add more wealth management advisors, U.S retail financial advisors and investment specialists. The bank, Canada's second-l ...