The Globe and Mail reports in its Wednesday edition that TD Bank is shoring up capital to invest in its Canadian businesses as it offsets U.S. regulatory restrictions prompted by the lender's money-laundering debacle. The Globe's Stefanie Marotta writes that TD is selling its share of U.S.-based investment dealer Charles Schwab Corp. for about $20-billion, a major step in the bank's strategic review as it manages the asset cap set by U.S. authorities. TD chief executive officer Raymond Chun told analysts Tuesday that the bulk of the proceeds will go toward internal growth opportunities -- largely competing for more business in Canada -- while rejigging its U.S. balance sheet. "In Canada, the single largest opportunity for TD is to deepen our relationships with our more than 14 million customers," Mr. Chun said during a Tuesday conference call with analysts. Mr. Chun took on the top job last week. TD is selling its entire equity investment in Charles Schwab -- 184.7 million shares of common stock, a 10.1-per-cent interest -- at $79.25 (U.S.) per share, up 121 per cent since TD acquired the stake in 2020. Of the $20-billion sale proceeds, $12-billion has been earmarked for investing in TD's existing businesses.