110 likes | 272 Views
T.D Canada Trust. Manraj, Sukhdeep , Zack, Derek and Brendan. Background. The TD Bank Financial Group (TDBFG) Second Largest Bank Commercial banking and Investment management Extremely Successful In 2006 Revenues were $19.9 billion Net income: $4.1 billion. 58,000 employees,
E N D
T.D Canada Trust Manraj, Sukhdeep, Zack, Derek and Brendan
Background • The TD Bank Financial Group (TDBFG) • Second Largest Bank • Commercial banking and Investment management • Extremely Successful • In 2006 • Revenues were $19.9 billion • Net income: $4.1 billion. • 58,000 employees, • 14 million customers worldwide. • The current vision of TD is to “Be the Better Bank”.
Background | Mergers and Acquisitions • 1955: The Bank of Toronto merged with the Dominion | This formed the Toronto Dominion Bank. • 2000:the TD Bank merged with Canada Trust • 2003: Purchasing of 57 Laurentian Bank • 2005: Purchasing of a 51 percent share in the U.S. based Bank-north to form TD Bank-north.
BusinessStrategy The form of departmentalization that TDBFG is using is a divisional, by product or service
Careers Net income: $4.0 billion| | Assets: $503.6 billion | Employees: 51,147 Why work with TD? Reason #5 We promise to help you find ways to grow professionally and personally.
Intellectual Capital • “Highest in Customer Satisfaction Among the Big Five Retail Banks,” we’ve ranked highest each year. "Be the Better Bank. It’s a simple statement that defines our vision for TDBFG and in part, it’s also creating a culture where our employees feel great about working for our company because they are rewarded and recognized for their achievements. We know that behind every achievement are the employees of TD Bank Financial Group – its people who make us the Better Bank."W. Edmund ClarkPresident and Chief Executive Officer