25/08/2017

TD Securities To Expand Operations In Ireland

TD Securities is top expand its operations in Ireland and, subject to regulatory approval, plans to establish a bond trading business there.

The Dublin expansion is part of its growth strategy in Europe and will afford TD Securities the flexibility to meet the evolving needs of clients and respond to the changing business environment as a result of Brexit.

TD Securities is part of TD Bank Group, headquartered in Toronto, Canada and offering a full range of financial products and services to more than 25 million customers around the world. With more than 3,800 people in 13 offices around the world, TD Securities provides a wide range of capital markets products and services to corporate, government and institutional clients.

Taoiseach Leo Varadkar TD, said he was delighted to have been involved in discussion with the bank's senior executives on this new investment project.

He said: "This is a great win for Ireland as we seek to deepen and expand the range of Financial Services companies who are investing in Ireland. TD Securities is a major player in world financial markets and I am particularly pleased that they have decided to expand their existing operations in Ireland.

"Trade missions such as the one I am just concluding are aimed specifically at helping to bring about these kinds of announcements. The Canadian banking system has a renowned reputation for both stability and innovation, and Ireland is delighted to welcome this new business to our shores. As we face into the challenges of Brexit, we are determined to pursue and seize new opportunities and investment projects from key companies worldwide."

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