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TD Bank to Acquire Wells Fargo's Canadian Direct Equipment Finance Business - News

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TD Bank to Acquire Wells Fargoâs Canadian Direct Equipment Finance Business
January 15, 2021, 08:17 AM
The Toronto-Dominion Bank (TD) and Wells Fargo & Company announced a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo s Canadian Direct Equipment Finance business.
The acquisition of Wells Fargo s Canadian Direct Equipment Finance business is expected to add scale and capabilities to TD s existing Canadian Equipment Financing business and expand TD s presence in core markets. Wells Fargo s Canadian Direct Equipment Finance s direct origination model is expected to allow TD to better serve a more diverse set of business customers in need of competitive equipment loans, leases and customized financing services. ....

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TD Bank Group to acquire Wells Fargo's Canadian Direct Equipment Finance Business

TD Bank Group to acquire Wells Fargo s Canadian Direct Equipment Finance Business
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Acquisition strengthens and expands TD Business Banking capabilities across Canada
TORONTO, Jan. 14, 2021 /PRNewswire/ - The Toronto-Dominion Bank ( TD ) (TSX andNYSE: TD) and Wells Fargo & Company ( Wells Fargo ) (NYSE: WFC) today announced a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo s Canadian Direct Equipment Finance business.
The acquisition of Wells Fargo s Canadian Direct Equipment Finance business is expected to add scale and capabilities to TD s existing Canadian Equipment Financing business and expand TD s presence in core markets. Wells Fargo s Canadian Direct Equipment Finance s direct origination model is expected to allow TD to better serve a more diverse set of business customers in need of competitive equipment loans, leases, and customized financing services. ....

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Toronto-Dominion Bank Announces Acquisition of Wells Fargo's Canadian Direct Equipment Finance Business

Click HERE to find out ⭐ Toronto-Dominion Bank Announces Acquisition of Wells Fargo's Canadian Direct Equipment Finance Business. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more. ....

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