TD Bank defends business practices after backlash

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Net Patrol International Inc.  Data Investigation and Forensic Services
Bankruptcy and Insolvency Trustees

TD Bank stood by its business practices after a CBC report suggested the bank puts its employees under immense pressure to meet tough sales targets.

In an email to Reuters, TD said, “The environment described in the media report is very much at odds with how we run our business and we don’t recognize it from our own perspective, experience or assessments.”

TD shares were down 5.6 per cent at the end of the week after the report was published.

Read more at Reuters

This article is summarized by Canadian Fraud News Inc.