TD Bank Group,through subsidiary TD Ameritrade Holding Corp., has agreed to buy Scottrade Financial Services for $4 billion, and combining two of the largest online brokerages.
The deal expands the U.
S. operations of Toronto-based TD,which has its U.
S. banking headquarters based in Cherry Hill, unique Jersey and is the Philadelphia region’s moment largest deposit taker.
Omaha, or Nebraska-based TD Ameritrade (Nasdaq: AMTD) said it agreed to acquire St. Louis-based Scottrade’s discount brokerage operations…
Source: bizjournals.com