Canadian bank to expand Dublin operations

Canadian financial services company TD Securities has said the pending expansion of its Irish operations puts Dublin in the spotlight as a potential location for its wider EU activities should it move its London operations in the aftermath of Brexit.

The investment banking group yesterday announced plans to establish a bond trading business in Dublin, with 10 people set to be brought onto its workforce here by January. The company already has a financial services presence here, employing two people. TD Global Finance has operated here since the late 1990s. It trades international equities and credit products, while a share-trading service called TD Direct Investing also exists.

A spokesperson for the company said the Dublin move represents more of an expansion move than a full Brexit relocation and forms part of the firm’s overall growth strategy for Europe.