29 Sep 2025 | 3 Mins Read
TD's US ambitions may leave Canadian presence stagnant
Flipitmoney
Toronto-Dominion Bank's acquisition of Cowen in 2023 completed its last legal hurdle, enabling joint work between firms' traders. However, some Canadian employees feel abandoned in favor of US-focused expansion. TD Securities now pursues global opportunities, but revenue disparities, internal discord, and job cuts threaten morale.