TD Bank to Boost Stake in TD Ameritrade

Reuters, Jonathan Spicer, 12 November 2008Toronto-Dominion Bank will increase its stake in online broker TD Ameritrade Holding Corp to 45 percent from 40 percent, the chief executive of the Canadian bank said on Wednesday."We will go to 45 percent," Ed Clark, speaking at the Reuters Global Finance Summit, said of TD Bank's option to boost its stake by January.When asked if TD Bank would