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FHN - First Horizon gains as TD Bank CEO speaks at luncheon
First Horizon National Corporation
2023-04-12 13:38:56 ET
First Horizon ( NYSE: FHN ) quickly rose 3.3% as the CEO of TD Bank ( NYSE: TD ) was said to be speaking at luncheon sponsored by Bank of America.
TD ( TD ) CEO Bharat Masrani is said to be reiterating his view he still likes First Horizon post the recent Silicon Valley Bank crisis, according to traders, who are hearing the comments second hand.
Masrani is said to not have addressed a potential price adjustment for the Frist Horizon ( FHN ) deal or regulatory issues, according to traders.