Analyst Says That TD Bank May Need $4B capital injection -National Post (AMTD)
An analyst has disclosed to the National Post that TD Bank may need a capital infusion of up to $4 billion. Brad Smith, analyst at Stonecap Securities, is attributed to this rumor.
TD Bank is affiliated with a brokerage firm TD Ameritrade (NASDAQ: AMTD).
This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in securities, price movements based on unofficial information may change quickly based on increased speculation, clarification, or release of official news.
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