By Robb M. Stewart

Toronto-Dominion Bank will streamline its regional banking operations in the U.S. in an effort to accelerate growth.

TD Bank, the big Canadian lenders U.S. arm, said it will consolidate its Mid-South Metro business segment into two defined regions, the Mid-Atlantic Metro and Southeast Metro.

The move will see the bank's teams integrated into the regions, with service models unified and decision making sped up, TD Bank said. It also expects the realignment to create more opportunities for collaboration.

Regional President Rob Curley, a 36-year veteran of TD Bank, will lead the Mid-Atlantic Metro. The region will include Pennsylvania, New Jersey, Delaware, Maryland, Washington, D.C., and Virginia.

The Southeast Metro will be led by regional President Nick Miceli, covering a region from North Carolina through Florida.

TD Bank said existing leadership within these areas, including the Carolinas, will remain in place.

Toronto-Dominion, Canada's second-largest bank by market value and one of the biggest in the U.S. by assets, has been working to strengthen its anti-money laundering controls and ensure it is under an asset cap imposed by U.S. regulators as part of last year's historic settlement over failings in its systems that also saw it being hit with hefty penalties.

Bank executives recently said the lender was positioned to grow its core U.S. loans at a historical pace without breaching the asset limitation.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

December 17, 2025 08:15 ET (13:15 GMT)

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