April 24, 2024

Wealth Management Sector Portrait

Private Banking: TD Bank

Toronto-Dominion Bank, Canada’s second-largest lender, plans to expand wealth-management operations in the United States as it seeks a broader market for mutual funds and investment advice. “We’ve got lots of strengths we can deploy,” says Mike Pedersen, the bank’s head of wealth management and insurance. TD Bank, with more than 1,300 branches across the eastern United States, is converting some 59 Mercantile Bank branches in Florida after purchasing Mercantile’s parent company.

TD Bank
TD Bank branch

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Tags: Banking & Finance

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Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

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