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Toronto-Dominion Bank Could Snatch Up WaMu

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 »

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TD looking at WaMu, assets

But bank taking conservative approach, having just swallowed New Jersey-based Commerce Bancorp

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Suit leads TD Banknorth to assume new identity

Changing course in the face of a lawsuit, TD Banknorth picked a new new name to use following its merger with Commerce Bancorp Inc. of New Jersey - TD Bank.

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TD Bank abandons U.S. brand battle

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.

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First Commerce Bancorp Reports Second Quarter Earnings

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

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TD Bank Increases U.S. Exposure

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...

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Hill in group investing $7.8 million in Republic First

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.

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Ex-Commerce Bank CEO invests in Republic First

Former Commerce Bancorp Inc. Chairman and CEO Vernon W. Hill II is leading a group that has invested $10.8 million in Republic First Bancorp. (FRBK)

1Vote!

Commerce Founder Gets Back Into Banking

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 [...]

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TD expects growth in U.S. operations

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.

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TD Commerce Bank official will be leaving

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.

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Former Commerce Bancorp chairman resigns from TD Commerce

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.

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Former Commerce Bancorp leader Hill joins pet insurance company

Vernon W. Hill II, founder and former president and CEO of Commerce Bancorp Inc., has become chairman of a pet health insurance company.

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TD chief confident U.S. deal right move

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.

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TD Bank sees 2009 profit boost from Commerce buy

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.