RBC Donimion plays down layoffs

Article Abstract:

RBC Dominion Securities denies layoffs of 300 to 400 employees. Company officials say only 100 workers worldwide have been laid off while Merrill Lynch Canada is offering employees, buyouts, sabbaticals, and planning for possible layoffs.

Securities Dealers, Investment Banking and Securities Dealing, Strategy & planning, Labor force information, Reports, Company Profile, Royal Bank of Canada, RY, Layoffs, Merrill Lynch Canada Inc., RBC Dominion Securities Ltd.

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An armchair QB ponders TD's best play with Waterhouse

Article Abstract:

The possible strategies that Ed Clark, Toronto-Dominion Bank's CEO is likely to adopt to resolve the financial crisis related to TD Waterhouse are discussed. Clark's situation is equated to that of a football quarterback.

United States, Organizational history, Management dynamics, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Management, Company restructuring/company reorganization, Reorganization and restructuring, Company business management, TD Waterhouse Group Inc., TWE, Company organization, Clark, Ed

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Vice-chairman Kelly departs TD Bank

Article Abstract:

Vice chairman Robert Kelly has quit Toronto-Dominion Bank. Edmund Clark has been hired as president and chief operating officer.

Appointments, resignations and dismissals, Kelly, Robert (American pop singer), Clark, Edmund

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