Description: TD Bank shares have taken a big drop following CBC reports on bank reps facing pressure to push products at customers. Just a few days before, banks were reporting higher than expected quarterly earnings. This bad publicity though may prompt some investors to take a look at TD bank shares.
Date: March 10, 2017; updated March 11
1) As a student, who do you bank with? What influences your choice?
2) Had you heard about this story? What is your response to it?
3) The CEO of TD Bank refers to “trust” in his response. We can’t put trust on the balance sheet, but what would it be worth to a bank?