Canada-based TD Bank Group has completed the takeover of the remaining interest in NatWest Stockbrokers from National Westminster Bank for an undisclosed sum.
The UK-based share dealing and investing subsidiary TD Direct Investing (Europe) has also teamed up with Natwest to offer stockbroking services to Natwest and Royal Bank of Scotland customers under the Natwest Stockbrokers and RBS Direct Trader brands.
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The acquisition will expand TD’s presence in the UK will provide NatWest Stockbrokers’ customers with enhanced access to a diversified product and service offering.
Leo Salom, executive vice president, TD Wealth, said: "This purchase represents TD’s ongoing commitment to providing market-leading stockbroking and investment services."
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