Toronto Dominion Continues Forex Expansion By Hiring Four Non-Canadian Dollar Traders

BANKS

In a continuation of expansion plans announced in last year's restructuring, Toronto Dominion has strengthened its non-Canadian dollar foreign exchange trading team by hiring four currency dealers, officials say.

The build-up follows on the success of the bank's reorganisation of its North American trading and sales groups (FX Week, March 14), an initiative that has moved the bank away from a product-oriented management structure to a functional one, say John Schmacker, a senior vice preside