TD Bank CEO say very happy with stake in TD Ameritrade

Thu Feb 26, 2015 4:05pm EST
 
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TORONTO (Reuters) - Toronto-Dominion Bank is very happy with its stake in discount brokerage TD Ameritrade Holding Corp and views it as a key investment, the Canadian lender's chief executive said on Thursday.

"This has been central to our wealth strategy for many many years and it continues to perform well," Bharat Masrani, TD Bank's Chief Executive, said on a conference call. "I'm very happy with our positioning."

(Reporting by Jeffrey Hodgson; Editing by Diane Craft)

 
General view of a TD Bank branch and its drive-thru after the company held its annual general meeting in Calgary, Alberta, April 3, 2014. REUTERS/Todd Korol