UPDATE 2-TD Bank close to Chrysler Financial deal-source

Newswire

* Canadian bank expected to pay $6.3 bln for co -source * Cerberus would retain C$1 bln in assets -WSJ * TD, Cerberus decline comment (Changes sourcing, adds NEW YORK dateline, background) NEW YORK/TORONTO, Dec 20 (Reuters) - Toronto-Dominion Bank is close to an agreement to buy Chrysler Financial from private equity firm Cerberus Capital Management [CBS.UL] for $6.3 billion, a source familiar with the matter said on Monday. A deal for the lender could be announced as soon as ...

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