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TD Bank to exit US$15.4B stake of Charles Schwab as new CEO begins overhaul - National | Globalnews.ca

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Summary
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76% Informative

Toronto-Dominion Bank to exit 10.1% stake in Charles Schwab as part of a strategic review.

Canadian lender holds 184.7 million shares of Schwab ’s common stock, worth roughly $15.4 billion .

In October , TD became the largest bank in U.S. history to plead guilty to violating a federal law aimed at preventing money laundering.

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86

Informative language

91

Neutral language

44

Article tone

semi-formal

Language

English

Language complexity

55

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not offensive

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not hateful

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not detected

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short-lived

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