The Toronto-Dominion Bank (TD) denies acquisition rumor of Citizens Bank from The Royal Bank of Scotland Group plc. TD Chief Executive Officer Ed Clark says nothing's changed since he dismissed the rumors in December 2012, reiterating that TD "wouldn't do a deal that's stupid" and any deal has to be supported by the market. "The size of it isn't as big as some of the estimates that I've seen," he says.

"I am frustrated that it sits over the stock," he added. TD shares traded slightly down.