welcome
torontosun

torontosun

Business

Business & Economics

TD Bank Group to sell remaining 10.1% stake in Charles Schwab

torontosun
Summary
Nutrition label

74% Informative

TD Bank Group plans to sell its 10.1 per cent stake in Charles Schwab Corp. as it continues work to recover from the fallout of its anti-money laundering failures in the U.S. The Canadian bank will sell 184.7 million shares in the company.

Schwab shares closed at US$ 83.18 on the New York Stock Exchange on Friday , making the TD stake worth about US$15.4 billion .

VR Score

80

Informative language

80

Neutral language

94

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links