Investors need to put greater weight on worst-case scenarios for TD: analyst
ฝัง
- เผยแพร่เมื่อ 12 มิ.ย. 2024
- There could be a 7% ($1B) downside to TD's earnings potential due to the probe tied to laundering drug money, says Gabriel Dechaine, Canadian banks analyst at National Bank Financial.
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The current mgmt team need to be replaced. All these probes just show how incompetent they are. TD under Ed Clark time never had such poor mismanagement incidents.
Honestly ever since Bharat became CEO, they have been getting into trouble with compliance issues. It just seems shady ever since he’s taken the top seat.
I am holding on to my TD Stock. It will bounce back.
TD is gonna bankrupt just like Credit Suisse
These so-called banks ought to be disbanded.
TD is the worst bank i ever used. I wouldnt wish them on anyone.
TD is the crooked bank that has ever operate in Canada. They should be closed down.
Sure makes me feel great as a TD customer and taxpayer!
Well HSBC did the exact same thing, so "unprecedented" is very much the wrong word for this. Their penalty adjusted for inflation will likely be precisely the fine, I would wager.
Buy the dip. TD isn't going anywhere.
No.
Most over leveraged bank on the planet haha
@@user-bk2iz4yt7j When the default language on the ATM is in Chinese, you know the bank aint going no where. that is like china surrendering. Wont happen
If you knew anything about fixed payment variable rate mortgages you wouldn’t be saying that
TD and RBC are the largest companies in the Canada period, let alone the largest banks. Not taking advantage of those dips would shortsighted.
Canadian banks launder their money why do you think Canadian currency is made with polymer? Because the notes can withstand money laundry.
Wash, Rinse & repeat!
Goldman paid billions in fines for the 1MDB fraud and the stock recovered and went to record highs. Took years though.
Yeah right, as if National Bank is one to talk...
Damn. I was about to apply for the TD Aeroplan Visa Infinite Privilege card. Should I hold off?
🤔 Is it finally time for the Canadian government to start taking “snow washing” seriously?
be greedy when other are fearful.
Bmo is heavily in illinios. Thats a state in serious serious finacial trouble as well.
There’s always another cockroach
I would never bank there.
Added more td to my portfolio today. Even my dad loaded up. We like your solid Canadian banks!
Greetings from Florida
Americans love Canadian banks. Canadians love GICs and hate the Canadian banks. All bank profits go to foreigners. Own nothing and be happy.
he is not sigma
All corrupt,Fiat monetary system is collapsing.
That’s a lot of BS noise in these comments. Banks are a good business. End of story!
When idiot analysts say bye-bye-bye, long-term investors should buy-buy-buy.
he does not know what he’s talking about
Omg i need to switch banks big time! Im going to a credit union!
Oh yeah?….You don’t think money laundering can happen in credit unions?….
Need to fire some TD staff rather than hurt investors. Get rid of the incompetents who let this happen and then build up the bank again.
Puts puts puts!!!!!!! 😂😂😂😂😂
Please do. I wanna buy more at a lower price. *Slurp*
TD did NOT assist the Chinese criminals. The Chinese criminals were able to bypass TD's firewalls. So I don't see any fault on the part of TD here. I am holding my position and even bought some more shares on Friday.
Criminal negligence is a thing 😂😂😂😂 the government could say they SHOULD have had safe guards to protect against this as well as they should have monitored people more, by hiring more oversight staff
Hope isn’t an investment strategy
Holding and will consider buying more, as well.
Agree, and if this happened to TD, it’s likely to have happened to other banks but TD is taking all the heat.
Yep, added to my position on the huge drop on Friday.
I bought more. A lot more.
Ballsy...very ballsy. ;)
Perfect time to time😁
Go woke kaboom 😊
I want to build a diversified portfolio based on my personal income. I am easily triggered/highly emotional, which could be detrimental to my portfolio. I hope I am a patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. I know my strengths that's why I need proper guidance to be able to venture..
I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is by reading, studying, being patient, and seeking guidance when necessary, due to my line of work I can’t handle my portfolio so I just copy the trades of my FA. I saw her on Bloomberg business news. It’s been smooth since then..
how can I reach this person because I am in need of a better investment approach?
hmmm ... woke hiring practices? ... lmao
When the default language on the ATM is chinese, you know they got our back. There is no way China will surrender foreign influence in the Canadian or the US banking system. I'm behind Xi, the only hope for long and prosperous poverty