TORONTO, Jan. 13 /CNW/ - TD Securities has won the 2010 Financial Times
and Mergermarket M&A Award for Financial Advisor of the Year in the
The investment dealer arm of TD Bank Group significantly increased its
share of the Canadian M&A market in 2010 and participated in 47
transactions, 15 more deals than the year before and the most of any
Canadian financial advisor.
"Canadian M&A activity in 2010 basically remained flat relative to the
previous year, both in terms of value and number of transactions," said
Pat Meneley, Vice Chair of Investment Banking, TD Securities. "To
considerably grow our business in a flat market environment is very
Examining both M&A transaction data from mergermarket.com and
independent expert opinion, the Financial Times and Mergermarket M&A
Awards consider the number and size of transactions announced in 2010,
and recognize particular deals, companies and people within a wider
geographic or market context.
TD Securities also showed strength in each of the key sectors in which
they are involved, led by very strong years in energy and in media and
communications. The addition of a robust global precious metals sales
and trading desk to bolster their mining sector investment banking
business rounded out an excellent year for the dealer.
To underscore this strength and diversification, TD Securities advised
on 5 of the top 10 deals involving Canadian targets in 2010, including
transactions in the energy, communications and financial services
"With little market growth, 2010 was a very competitive year," added
Bill Quinn, Head of M&A for TD Securities. "By applying our integrated
client-focused approach, we were able to win significant market share
and provide outstanding advice and strategic solutions to our clients
on some of the largest transactions of the year."
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Group (TD or the Bank). TD is the sixth largest bank in North
America by branches and serves approximately 19 million customers in
four key businesses operating in a number of locations in key financial
centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust and TD Insurance; Wealth Management,
including TD Waterhouse and an investment in TD Ameritrade; U.S.
Personal and Commercial Banking, including TD Bank, America's Most
Convenient Bank; and Wholesale Banking, including TD Securities. TD
also ranks among the world's leading online financial services firms,
with more than 6 million online customers. TD had C$620 billion in
assets on October 31, 2010. The Toronto-Dominion Bank trades under the
symbol "TD" on the Toronto and New York Stock Exchanges.
SOURCE TD Bank Group
For further information:
TD Bank Group