Skip to content
Subscriber Only

Clark Sees TD Passing BofA as No. 3 NYC Bank by Branches

Toronto-Dominion Bank expects to be New York City’s third-largest lender by branches within two years, Chief Executive Officer Ed Clark said, surpassing Bank of America Corp.

“We’re still shooting to do it by 2016,” Clark, 66, said today in a telephone interview. Most of the 37 U.S. branches TD Bank plans to add this year are in the city, he said, “so it’s not like we’re not doing it.”