+Vote!
Seeking Alpha (Free subscription) | 24/09/2008
Todd Sullivan submits: Major investors are supporting TD Bank's (TD) potential bid for Washington Mutual (WM). TD has been using the unusually strong Canadian dollar to snap up banks assets in the US, the most recent the $8.5-billion acquisition of New Jersey-based Commerce Bancorp. Complete Story »
+Vote!
Globe and Mail (Free subscription) | 24/07/2008
Toronto-Dominion Bank will have to pursue its ambitious U.S. strategy without the help of the Commerce Bancorp name, a respected and quirky brand that had high value in its home market.
+Vote!
Business Wire (Free subscription) | 10/07/2008
ENCINO, Calif.--(BUSINESS WIRE)--First Commerce Bancorp (OTCBB:FCCC) today announced that net income (unaudited) for the six months ended June 30, 2008 on a consolidated basis was $1,455,000
+Vote!
Seeking Alpha (Free subscription) | 24/06/2008
FP Trading Desk submits: Toronto-Dominion Bank (TD) has achieved critical mass in the U.S. with the acquisition of Commerce Bancorp , and although TD is now significantly more exposed to the weakening U.S. economy than its Canadian peers, there is plenty of upside from the deal, according to National Bank analyst Rob Sedran. The combination of Commerce and TD’s existing platform, TD Banknorth, will...
+Vote!
Philadelphia Inquirer (Free subscription) | 11/06/2008
Commerce Bancorp Inc. founder Vernon W. Hill II and three associates have invested $7.8 million in Republic First Bancorp Inc., Philadelphia, to finance an expansion of the company's First Republic Bank. Republic chairman Harry D. Madonna pumped in $3 million more.
1Vote!
DealBook (Free subscription) | 10/06/2008
He may have been forced out of his last company, Commerce Bancorp, amid a cloud of controversy. But it appears that Vernon W. Hill II can’t stay away from banks. Republic First Bancorp, the parent company of Philadelphia’s Republic First bank, said Tuesday that it has sold $10.8 million in convertible trust preferred securities to an [...]
+Vote!
atHome Top Story (Free subscription) | 21/04/2008
Despite the woes of the American banking industry, TD Bank executives "feel very positive" about their U.S. growth strategy, including the recent acquisition of Commerce Bancorp.
+Vote!
Philadelphia Inquirer (Free subscription) | 17/04/2008
Dennis DiFlorio is leaving TD Commerce Bank on May 2, the first high-profile executive departure from the former Commerce Bancorp Inc. since it was purchased by TD Financial Group last month.
+Vote!
The Philadelphia Business Journal (Free subscription) | 17/04/2008
Dennis DiFlorio, the chairman of Commerce Bancorp when it merged last month into TD Bank Financial Group has decided to step down from his new role of vice chairman of the combined subsidiary, now known as TD Commerce Bank.
+Vote!
The Philadelphia Business Journal (Free subscription) | 10/04/2008
Vernon W. Hill II, founder and former president and CEO of Commerce Bancorp Inc., has become chairman of a pet health insurance company.
+Vote!
atHome Top Story (Free subscription) | 04/04/2008
The chief executive of TD Financial Group says he's confident the bank's acquisition of New Jersey-based Commerce Bancorp is the right move despite ongoing turmoil in the U.S. banking system.
+Vote!
Reuters UK (Free subscription) | 04/04/2008
CALGARY, Alberta (Reuters) - Toronto-Dominion Bank expects C$500 million in additional profit in 2009 due to its $7 billion acquisition of Commerce Bancorp, Chief Executive Ed Clark said on Thursday.