FED – FED announces approval of notice by The Toronto-Dominion Bank


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September 30, 2020

FED announces approval of notice by The Toronto-Dominion Bank

For release at 5:00 p.m. EDT

The FED on Wednesday announced its approval of the notice under section 4 of the Bank Holding Company Act of 1956 by The Toronto-Dominion Bank, Toronto, Canada, & its subsidiary, TD Group US Holdings LLC, Wilmington, Delaware, to acquire more than five percent of the voting shares of The Charles Schwab Corporation, San Francisco, California, a savings & loan holding company.

Attached is the Board’s order relating to this action.

For media inquiries, call 202-452-2955.

Last Update:

September 30, 2020

Source: Federal Reserves

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