TD Waterhouse fights for top spot

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TD Waterhouse announced plans to buy American Express Financial Services Europe (AEFSE) in November last year. The acquisition means TD Waterhouse will gain control of all of AEFSE's customer accounts, numbering close to 250,000. TD Waterhouse currently has 300,000 accounts, and according to Manchester-based Richard Forsyth, senior manager, product development at the broker, the addition of AEFSE's customers to TD Waterhouse's existing platform helps bring the company closer to the top spot

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