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Unformatted text preview: of TO Ameritrade, they carry $790 million in cash and cash equtvalents, $18.37 billion in assets and $14.82 billion in debt and liabilities. In recent news, TO Ameritrade acquired Thinkorswim Group INC on Jan. 6, 2009 for $606 million. This helped to grow their business and continue improving their services. They are also looking to acquire ETrade Financial so to grow their market share. TO Ameritrade is facing a aacr-: lawsuit for misrepresenting the risk-level and liquidity of action rate securities that occurred during the Subprime mortgage crisis. Earlier this month, Toronto Dominion Bank announced it plans to move its wealth management division to TO Ameritrade.----------------www.finance.yahoo.com www.reuters.com www.research.tdameritrade.com Works Cited...
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- Spring '10
- Subprime mortgage crisis, TD Ameritrade, Toronto-Dominion Bank, Ameritrade