TD Bank, First Horizon continuing to engage with regulators on applications

TD Bank (TD), in slides being president on its Q1 earnings conference call, said it and First Horizon (FHN) are continuing to engage with regulators on applications. The companies, which extended the merger agreement to May 27, are continuing conversion planning and developing end-state strategies for integration across all lines of business and corporate functions. They are continuing to engage with and communicate with First Horizon employees and internally on deal closing, integration and conversion progression. Additionally, TD said it is in discussions with First Horizon about a potential further extension.