TD Bank plans to close 38 branches across its footprint, including four in the Philadelphia region, amid massive penalties tied to U.S. anti-money laundering issues. The bank did not confirm whether the closures are part of recent cost-cutting efforts but stated it regularly evaluates its branch network to optimize service through a mix of physical… Read more »
TD Bank, the U.S. subsidiary of Toronto’s TD Bank Group (NYSE: TD) based in Cherry Hill, plans to close 20 additional branches, including one in Bucks County, as part of its strategy to build the “bank of the future.” This filing with the Office of the Comptroller of the Currency brings TD’s total closures this… Read more »
D Bank is opening its first new branch in Philadelphia in four years with at least two more in the planning stage, as the bank is pivoting toward organic growth in the wake of the recent termination of its planned $13.4 billion mergerwith First Horizon Corp. During the bank’s earnings call last week, executives for the… Read more »
