TD completes acquisition of Cowen Inc.
Deal accelerates U.S. growth of TD Securities
TORONTO and NEW YORK, March 1, 2023 /PRNewswire/ - TD Bank Group ("TD") (TSX:TD) (NYSE:TD) and Cowen Inc. ("Cowen") (NASDAQ:COWN) today announce that TD has completed the acquisition of Cowen.
"We are very pleased to welcome Cowen to TD. Together, with greater scale, broader capabilities and deeper resources, we will continue to serve clients with excellence and accelerate the growth of TD Securities," said Bharat Masrani, Group President and Chief Executive Officer, TD Bank Group.
The acquisition advances TD Securities' long-term growth strategy in the United States and adds highly complementary products and services to TD Securities' existing
