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Regional banks remain under pressure 10 weeks after the start of the bank crisis. Regulators, JPMorgan's Jamie Dimon aim at short sellers.
Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.
TD Bank and First Horizon agreed to terminate their $13.4 billion merger. In my previous article on TD Bank, I espoused that I was skeptical of the First Horizon deal.
Toronto-Dominion Bank's handling of "suspicious" customer transactions was behind regulators' refusal to approve the lender's $13.4 billion deal to buy First Horizon , the Wall Street Journal reported
Toronto-Dominion Bank's handling of suspicious customer transactions was behind regulators' refusal to bless the Canadian lender's $13.4 billion bid to buy First Horizon, people familiar with the matt

Why TD Bank Stock Was Rising Today

03:37pm, Friday, 05'th May 2023
TD Bank and First Horizon agreed to call off their planned merger on Thursday. The bank also extended an agreement with Charles Schwab on Friday.
The Canada-based lender is backing out of a planned acquisition. It and its takeover target have agreed to withdraw from their merger agreement.

First Horizon, TD Bank terminate merger agreement

03:53pm, Thursday, 04'th May 2023
Yahoo Finance Live's Ines Ferre reports that First Horizon and TD Bank have agreed to terminate their merger deal.
First Horizon CEO Bryan Jorda joins 'Squawk on the Street' to discuss the contraction in regional bank values, First Horizon-TD deal termination, and plans for future deals.
TD Bank and First Horizon had already extended their merger agreement in February. Large bank mergers have had a more difficult time receiving regulatory approval under the Biden administration.
Toronto-Dominion Bank and First Horizon National Corporation (NYSE:FHN) announced on Thursday an agreement to terminate their previously announced $13.4 billion merger as uncertainty swirled around th
CEO Bryan Jordan said the closed merger was “unfortunate and unexpected.”
TD Bank and First Horizon Bank have called off their $13.4 billion merger. The financial institutions announced the end to their agreement in a joint statement Thursday morning (May 4), saying the dec
First Horizon and TD Bank have called off a $13 billion deal that would have formed America's sixth-largest bank, adding to the turmoil sweeping the country's regional lenders.
The companies said the decision was made after TD Bank considered that obtaining the regulatory prerequisites wasn't certain.
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