TD Waterhouse, the UK broker owner by Canada's Toronto Dominion Bank, has acquired full ownership of Luxembourg-based online private bank Internaxx Bank.

TD Waterhouse has held a stake in Internaxx since 2000, which was increased to 75% in February 2009. In this latest deal, TD is acquiring the remaining 25% that was previously owned by Luxembourg-based BGL BNP Paribas.

TD Waterhouse buys remaining shares of Luxembourg private bank

Tara Loader Wilkinson

Toronto Dominion Bank

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