Toronto-Dominion Bank is facing criticism from Chicago Mayor Rahm Emanuel over the bank’s dealings with a major gun manufacturer, amid the debate over reforming firearms laws in the United States.
In a letter sent to the head of TD’s U.S. operations this week, the Chicago Mayor urged the bank to stop providing financial services to Smith & Wesson Holding Corp. until the gun maker co-operates on gun reforms. TD provides a $60-million (U.S.) line of credit to Smith & Wesson, according to Mr. Emanuel’s office.
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The Globe and Mail | Posted: 01/26/2013 1:06 pm EST | Updated: 01/26/2013 1:12 pm EST