TD Restructures North American Treasury With Separation Of Trading And Sales

BANKS

Toronto Dominion has restructured the upper echelons of its North American trading and sales groups, bank officials say. The bank has moved from an organisation structured around product lines to one that takes a functional approach, separating FX trading and sales under different heads.

"In the past, our focus has very much been a product focus. Now we are trying to get more of a client focus," says Ken Foxcroft, senior vice president of treasury. "The theory behind what we are doing is to align

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