TD Bank added to too-big-to-fail list
The bank’s total exposures climbed 2.4% to €931 billion year-on-year
Canadian lender Toronto-Dominion Bank was today (November 22) designated a global systemically important bank (G-Sib) for the first time, meaning it will be subject to a capital add-on equivalent to 1% of its risk-weighted assets (RWAs).
The bank says its capital position will not be affected by the additional charge. As of end-October, its ratio of Common Equity Tier 1 (CET1) capital to RWAs
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