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Stock impact report

TD Investors Meet as Probe and CEO Succession Fuel Frustration [Financial Post (Toronto, Ontario, Canada)]

First Horizon Corporation (FHN) 
Last first horizon corporation earnings: 4/21 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.fhnc.com
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Toronto-Dominion Bank is poised to confront shareholders at a moment when investors and executives alike are clamoring for clarity on potential penalties in a US probe and the future of the firm's leadership. The bank's annual shareholders meeting on Thursday comes as the firm contends with an investigation into its anti-money-laundering controls that has derailed the lender's growth strategy, hurt its stock and hastened questions about who might eventually rise to succeed Chief Executive Officer Bharat Masrani, 67, once he ultimately retires. Article content Article content Senior executives have grown unhappy with the lack of an heir apparent, according to people with knowledge of the situation. The uncertainty has exacerbated managers' frustrations over the business setbacks and their ability to plot their futures, the people said, asking not Show less Read more
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