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Td Bank Analysis Project

In: Business and Management

Submitted By dspringer1978
Words 2358
Pages 10
Bank Analysis Course Project:
TD Bank and Royal Bank of Canada
Management of Financial Institutions MAY11 Sec A
Professor: Paul Tovbin
June 19, 2011
Dalila Springer

Introduction to Banks:

TD Bank, (“TD”), is known as America's Most Convenient Bank. It is one of the 15 largest banks in the U.S., with approximately 23,000 employees and deep roots in the community dating back more than 150 years. The Bank offers a broad array of retail, small business and commercial banking products and services to more than 6.5 million customers through its extensive network of more than 1,000 retail locations throughout the Northeast, Mid-Atlantic, Florida and Metro D.C. TD Bank Financial Group (TDBFG) is a Canada based bank. The bank through its subsidiaries provides retail and commercial banking, wealth management, and wholesale banking products and services in North America and internationally. The bank is a retailer of financial services in metropolitan New York, Metropolitan Philadelphia, metropolitan D.C., Southeastern Florida, New Jersey and Connecticut. TDBFG offers its financial products and services to around 18 million customers through its four businesses namely, Canadian Personal and Business Banking, Wealth Management, Wholesale Banking and the US Personal and Commercial Banking. TDBFG is headquartered in Ontario, Canada.

Royal Bank of Canada, (“RBC”), and its subsidiaries operate under the master brand name RBC. It is Canada’s largest bank as measured by assets and market capitalization, and among the largest banks in the world, based on market capitalization. This bank serves as one of North America’s leading diversified financial services companies, and provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis. They employ…...

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