TD Securities is a leading financial services

Financial services

Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...

 provider that offers advisory and capital market services to corporate, government, and institutional clients worldwide. They provide expertise in corporate and investment banking

Investment banking

An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...

, capital markets, and global transaction services. It is the global wholesale banking arm of Toronto-Dominion Bank

Toronto-Dominion Bank

The Toronto-Dominion Bank , is the second-largest bank in Canada by market capitalization and based on assets. It is also the sixth largest bank in North America. Commonly known as TD and operating as TD Bank Group, the bank was created in 1955 through the merger of the Bank of Toronto and the...

 Financial Group, and has offices in 18 cities worldwide with over 3,000 employees.

TD Securities is a major investment dealer in North America, Europe, and Asia. Key areas of business include managing corporate finance

Corporate finance

Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...

 and lending, merger and acquisitions strategic advisory services, market risk management, debt and equity securities, derivative products, daily trading and investment, and multiple other areas of finance. An important segment is the trading of fixed income and equity products, currencies, commodities and derivatives in major financial markets around the world.

Analysts and associates specialize in a wide variety of disciplines, such as investment banking, sales & trading, or wholesale and corporate banking, and are recruited from MBA and numerous undergraduate programs across the world.

Competition

TD Securities faces competition from full-service global investment banks such as Goldman Sachs

Goldman Sachs

The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

 and Morgan Stanley

Morgan Stanley

Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....

, equivalent branches of other financial conglomerates such as BMO Capital Markets

BMO Capital Markets

BMO Capital Markets is a North American financial services provider that offers corporate, institutional and government clients access to a complete range of products and services...

 and CIBC World Markets

CIBC World Markets

CIBC World Markets is the investment banking subsidiary of the Canadian Imperial Bank of Commerce. The firm operates as an investment bank both in the domestic and international equity and debt capital markets...

, and other independent investment banks and large cap advisory firms.