I n a shocking turn of events, TD Bank, a major Canadian bank, is expected to pay a staggering $3 billion in penalties. This hefty fine comes as part of a settlement with U.S. regulators and ...

TD Bank’s penalty is also the largest paid by a bank since federal regulators slapped Wells Fargo with a $1 billion fine in 2018 in what became one of the biggest banking scandals since the 2007 ...

Upgrading its anti-money-laundering controls is the Canadian bank's top priority following historic failures that led to a $3 ...

Some analysts expected Canada’s big banks to ramp up reserves for debt as trade uncertainty weighs on the ability of ...

TD Bank on Thursday said it would lay off 2% of its workforce to cut costs and scale up its digital and AI investments, as ...

If you’ve got a TD Bank branch around the corner, now’s the time to check with your bank teller, because it might not be ...

The closures come after TD Bank evaluated its existing stores. Last year, TD paid $3 billion in penalties after pleading guilty to money laundering.

TD Bank has somewhat of a weird past, as last year, the chain pleaded guilty to conspiracy and money laundering and agreed to pay $3 billion in penalties. TD Bank swears up and down, though ...

scandal The main reason why TD Bank stock didn’t rally like most TSX financials did over the last few years is because it got involved in an anti-money laundering (AML) scandal and received various ...