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Description:  Toronto-Dominion Bank may continue to make acquisitions in the U.S. after increasing its bet there with the $6.3 billion purchase of Chrysler Financial Corp., capping a record quarter for U.S. takeovers by Canadian lenders.

Source:  Businessweek.com
 
Date: 12/22/2010

Link: http://www.businessweek.com/news/2010-12-22/td-bank-may-make-more-u-s-purchases-after-chrysler-financial.html

Questions for discussion: 

  • Summarize the possible strategic thinking behind the TD bank’s acquisitions.
  • Do you think this strategy makes sense as a means to grow the banks North American operations?

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