Royal Bank to focus efforts on making U.S. acquisitions

Article Abstract:

Montreal, Que.-based Royal Bank of Canada, which is led by chairman John Cleghorn, has announced an acquisition strategy that focuses on U.S.-based businesses. Royal Bank wants to take advantage of U.S. regulations that make it easier for banks to expand into the insurance and brokerage sectors.

Strategy & planning, Planning, Royal Bank of Canada, RY

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TD boosts brokerage buyback offer

Article Abstract:

Toronto Dominion Bank offers buyback plan. Company officials have upped the offer by 50 cents a share on the 12 percent of the outstanding shares of TD Waterhouse Group Inc. they do not alrealdy own.

United States, Asset sales & divestitures, Securities Dealers, Investment Banking and Securities Dealing, Acquisitions & mergers, Security brokers and dealers, Securities, Company Profile, TD Waterhouse Group Inc., Toronto Dominion Bank, TWE

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