TD Securities to axe up to 75 staff

TD Securities, the investment banking arm of Toronto Dominion, is to cut up to 75 staff as it shuts down derivatives units in London and Tokyo.

TD Securities plans to centralise all of its exotic equity products and structured credit trading businesses in Canada in a move designed to increase profitability.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink