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Carroll School of Management

Ed Clark

President and Chief Executive Officer
TD Bank Group


Building a Better Banking System
for America

President and Chief Executive Officer Ed Clark of Toronto-based TD Bank Group spoke at the Chief Executives’ Club of Boston on April 26. He praised the United States for encouraging banks to meet stronger capital requirements while advising regulators against creating overly complicated rules, and discussed the bank’s investment in the U.S. and the Boston area. Wyc Grousbeck, managing partner and governor of the Boston Celtics, introduced Clark.

TAKEAWAYS

“The best [economic recovery] we can hope for is a consistent, steady recovery, accompanied by paced, structural reforms to deal with our fundamental, underlying structural issues.”
TRANSCRIPT AND VIDEO »

“Regulators overreached in trying to write regulations to implement [the] Volcker [rule]. The spirit of what Volcker is saying is right. Banks should not be hedge funds.” TRANSCRIPT AND VIDEO »

“TD has huge faith in America. That’s why we’ve invested so heavily here. We promise you, we are going to keep investing in America.”
TRANSCRIPT AND VIDEO »

“If you can find me 10 more sites in Boston, we’ll [open] 10 more stores in Boston next year. It’s just how fast we can find sites to grow those stores.”
TRANSCRIPT AND VIDEO »

PRESS COVERAGE

Boston Globe: “TD Bank chief outlines plans to expand in Mass.” ARTICLE »

Boston Business Journal: “TD Bank: We want more Boston branches” ARTICLE »

Boston Herald: “TD Bank eyes Boston goal: CEO wants to add 10 new city branches” ARTICLE »

Event Photos
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W. Edmund Clark, President & CEO, TD Bank Group, addresses the Chief Executives' Club of Boston.
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Another "who's who" crowd gathered at The Chief Executives' Club of Boston!
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Members of the media gather around Mr. Clark following his remarks.
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Seated at the Speakers Table (clockwise, from bottom left): R. Robert Popeo, Chairman & President, Mintz, Levin, Cohn, Ferris, Glovsky & Popeo; Brad Irwin, President & CEO, Welch’s; Wyc Grousbeck, Managing Partner & Governor, Boston Celtics; W. Edmund Clark, President & CEO, TD Bank Group; The Honorable Thomas Menino, Mayor, City of Boston; Robert Reynolds, President & CEO, Putnam Investments; Laura Sen, President & CEO, BJ’S Wholesale Club; John Kaneb, Chairman, President & CEO, HP Hood LLC; Scott Griffith, Chief Executive Officer, Zipcar, Inc.; Herbert Chambers, President, The Herb Chambers Cos.; John Fish, Chairman & CEO, Suffolk Construction; Eric Rosengren, President & CEO, The Federal Reserve Bank of Boston.