TD head of investment banking to depart next year to pursue a new venture

TD Securities, is planning to retire next year and return to his entrepreneurial roots after a 22-year career with the bank.

for US$1.3-billion. The deal will add about $2-billion in annual revenue for TD Securities, and fast-track TD’s plan to make its capital markets division more competitive in both Canada and the United States. Mr. Pryde first joined TD as part of its acquisition of Newcrest Capital, where he was a founding partner. Throughout his tenure, he held a number of executive roles in TD Securities, before being appointed as the head of corporate and investment banking in 2016.Bob Dorrance as CEO, Mr. Pryde and Moti Jungreis, TD’s former head of global markets, were appointed

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