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December 7, 2012
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News for the retail banking industry

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  • TD Bank to expand wealth management with Epoch Holding deal
    Toronto-Dominion Bank will buy American asset manager Epoch Holding for $668 million in cash as part of the Canadian bank's effort to increase its U.S. business with wealthy clients. "It instantly adds heft to our U.S. strategy," said Mike Pedersen, group head of wealth management, insurance and corporate shared services. "It fills the gap we have in the asset-management business." The Wall Street Journal/Dow Jones Newswires (12/6) LinkedInFacebookTwitterEmail this Story
  Legislative Affairs 
  • Analysis: What to expect from Warren
    Sen.-elect Elizabeth Warren, D-Mass., has said she supports legislation that makes the free market work, but she isn't likely to push for major changes for the banking industry immediately after taking office, writes columnist Suzanne McGee. "Warren is smart enough to know how to operate in Washington and to realize that before pushing through any radical plans she'll need to forge new alliances with those who today view her as a liberal who views any new regulation as a good thing," McGee writes. (12/6) LinkedInFacebookTwitterEmail this Story
  • Debt ceiling becomes embroiled in "fiscal cliff" debate
    The president's authority to raise the debt ceiling has become part of the "fiscal cliff" debate in Congress, but little real progress is being made on resolving the budget standoff. According to a Quinnipiac University poll, respondents trust President Barack Obama and Democrats more on the budget talks than they do Republicans. Reuters (12/6) LinkedInFacebookTwitterEmail this Story
  People and Personalities 
  CBA Connect 
  • CBA's Banking on Youth Competition -- Call for Sponsors
    Now is your chance to join fellow bankers to support the 2013 Banking on Youth Competition. The program's inaugural year was a great success with 13 sponsoring banks and more than 170 entries from youth teams across 33 states. Sponsorship opportunities for 2013 are still available, ranging from $3,000 to $40,000. Visit our website and learn how you can support this growing competition and connect with America's young entrepreneurs to build sustainable ventures. Contact CBA for more information. LinkedInFacebookTwitterEmail this Story

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You will never find time for anything. If you want time you must make it."
--Charles Buxton,
British brewer, philanthropist, writer and legislator

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