The head of TD Waterhouse Group Inc. made a case for the power of branch networks in a presentation this week to American Banker's Financial Services in Cyberspace conference.

"People in banking are completely missing the point when they talk about brick-and-mortar being outdated," said Frank J. Petrilli, president and chief operating officer of the banking and brokerage provider.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.