The lack of a timetable for regulatory approval is being blamed for the collapse of a merger between TD Bank and First Horizon that would have created the sixth biggest bank in the US.
In a statement issued Thursday, TD Bank said: “Because there is uncertainty as to when
Canada’s
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day