t.d canada trust
DESCRIPTION
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 , - PowerPoint PPT PresentationTRANSCRIPT
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T.D CANADA TRUSTManraj, Sukhdeep, Zack, Derek and Brendan
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BackgroundThe TD Bank Financial Group (TDBFG) o Second Largest Banko Commercial banking and Investment
management o Extremely SuccessfulIn 2006 o Revenues were $19.9 billiono Net income: $4.1 billion. o 58,000 employees,o 14 million customers worldwide.
The current vision of TD is to “Be the Better Bank”.
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1955: The Bank of Toronto merged with the Dominion | This formed the Toronto Dominion Bank. 2000: the TD Bank merged with Canada Trust2003: Purchasing of 57 Laurentian Bank2005: Purchasing of a 51 percent share in the U.S. based Bank-north to form TD Bank-north.
Background | Mergers and Acquisitions
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Business StrategyThe form of departmentalization that TDBFG is using is a divisional, by product or service
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DISCUSSION
The Environment
Careers
Intellectual Capital
Diversity
Ethics
Technology
Globalization
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CAREERSNet 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.
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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
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DIVERSITY
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ETHICS
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TECHNOLOGY
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GLOBALIZATION