TD CEO Says He's Comfortable With the Bank's Portfolio

The transcript discusses the current strength of the US economy and its role in driving global growth. It highlights the bank's strategic positioning to manage risks during economic slowdowns, emphasizing its low exposure to high-risk sectors. The discussion also covers trade tensions and geopolitical issues, particularly the impact of the USMC agreement. The bank's capital strategy, including share buybacks and potential acquisitions, is outlined, along with the effects of US tax reform on growth strategies.

What is the bank's approach to handling a potential economic slowdown?

• Reducing its presence in the US

• Expanding aggressively into new markets

• Maintaining a conservative balance sheet

• Investing heavily in high-risk industries

What is a major concern for global growth according to the speaker?

• Trade tensions around the world

• Lack of technological advancements

• Rising inflation

• High unemployment rates

What does the speaker hope to achieve from the G20 leaders meeting?

• Increased regulation of banks

• Resolution of trade tensions

• Higher interest rates

• Expansion of the US economy

What is the bank's tier one capital ratio mentioned in the transcript?

• 8%

• 10%

• 12%

• 15%

How does the bank plan to sustain growth after the US tax reform effects dissipate?

• By increasing interest rates

• Through organic strategies and volume growth

• By cutting down on expenses

• By reducing workforce