HOUSTON, July 15, 2015 /PRNewswire/ -- TD Securities U.S. today announced a significant expansion to its Houston office, hiring a select team of employees that will increase its coverage of the U.S. energy sector. TD Securities also recently acquired a credit portfolio consisting of loan commitments of high-quality investment grade corporations in the U.S. energy segment.
Nearly doubling the size of the TD Securities' U.S. Energy group, the newly hired team will play a vital role in supporting the loan commitments, strengthening client relationships and contributing to the growth of TD Securities' coverage of the U.S. energy sector.
"Today's announcement of our new Houston hires underscores the importance of the energy sector to TD Securities and our commitment to growing our U.S. franchise and product capability," said Glenn Gibson, Vice Chair, TD Securities U.S. "The integrity of TD's retail brand gives us added bench strength to better serve our U.S. clients and provide them with unique product offerings."
TD Securities U.S. partners include TD Ameritrade and TD Bank: America's Most Convenient Bank.
"With their extensive knowledge of the energy market and long-standing client relationships, this team will materially expand and strengthen our presence and capabilities in the U.S. energy market and complement TD Securities' growth strategy," said Drew MacIntyre, Vice Chair, Head of Global Energy and Power Group, TD Securities.
TD Securities U.S. will continue to grow its presence across the U.S. region in several sectors, with a focus on strengthening client relationships, leveraging expertise and building its product suite.
About TD Securities
TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients who choose us for our knowledge, innovation and experience in the following key areas of finance: investment, corporate and government banking, capital markets, interest rate, currency and derivative products. TD Securities works with clients around the world and our services include the underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and executing daily trading and investment needs. To learn more about TD Securities, visit www.tdsecurities.com.
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 more than 24 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with approximately 10 million active online and mobile customers. TD had CDN$1 trillion in assets on April 30, 2015. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
SOURCE TD Bank