Toronto Dominion joins ranks of systemic banks, Deutsche drops a level

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Toronto Dominion joins ranks of systemic banks, Deutsche drops a level
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Canada's second-biggest lender, Toronto Dominion Bank , has been added to a...

FILE PHOTO: The TD bank logo is seen on top of the Toronto Dominion Canada Trust Tower in Toronto, Ontario, Canada March 16, 2017. REUTERS/Chris Helgren/File Photo

“Management does not expect any impact to TD’s capital position with this designation,” TD said in a statement.

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