TD Agrees to Buy Nordstrom’s $2.2 Billion U.S. Card Balances

Updated on

Toronto-Dominion Bank, Canada’s second-largest lender by assets, agreed to buy Nordstrom Inc.’s Visa Inc. and private-label credit-card portfolio in the U.S. as it expands purchases in North American consumer credit.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.