TD continues to underperform Royal Bank

Since TD Bank’s recent allegations against its selling practices brought to the public’s attention by some of its employees and customers, the stock has underperformed Royal Bank by a significant amount.

Even after its initial drop, its share price continues having difficulty keeping up with its peers.

The class action lawsuit filed in the US against TD is ongoing.

While Wells Fargo’s specific situation regarding its employees may have been more widespread than TD’s, the long lasting negative effects are similar.

Posted in Blog Post.

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