Re:TD Becomes Biggest Bank Short with $3.7B on the Line
by megax on Wednesday April 05, 2023 @12:46PM
(#35456977)
I'm curious about HN banking specialist opinions on this one. There isn't much information on this situation beyond the standard doom-and-gloom headlines.
From my limited understanding of the situation, this is mainly driven by TD's First Horizon imminent acquisition and its exposure to the forecasted hosing crisis (via Charles Schwab for the US housing market, and TD Canada for the Canadian housing market).
From my limited understanding of the situation, this is mainly driven by TD's First Horizon imminent acquisition and its exposure to the forecasted hosing crisis (via Charles Schwab for the US housing market, and TD Canada for the Canadian housing market).
Any insight is appreciated...