The head of Toronto-Dominion Bank (TD.TO) says a push to rapidly phase in tighter capital rules won't affect the bank's plans for dividend hikes or acquisitions. The Basel III rules, unveiled last year, set higher capital ratio levels for global banks, and Canada's financial regulator said this week that Canadian banks should meet the new levels "as soon as possible". The Office of the Superintendent of Financial Institutions, also said banks should be cautious on "actions that weaken their capital position", such as dividends and acquisitions.
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