The Toronto-Dominion Bank (TD)
After hours:
- Reuters
UPDATE 1-TD Bank CEO says anti-money laundering probe ongoing, addressing weakness
Canada's TD Bank was working on its anti-money laundering (AML) compliance program, CEO Bharat Masrani said on Thursday, acknowledging that it was not up to the mark and that the U.S. Justice Department's was still probing. Masrani said he could not disclose any additional details given the confidential nature of regulatory discussions.
- Reuters
TD Bank CEO says AML probe still ongoing, addressing weakness
TD Bank CEO Bharat Masrani said on Thursday the bank was working on its anti-money laundering (AML) compliance program, acknowledging that it was not up to the mark, and that the U.S. Justice Department's probe was still ongoing. Masrani said he could not disclose any additional details given the confidential nature of regulatory discussions. TD Bank last year had said it expects fines and "non-monetary" penalties related to investigations by U.S. authorities, including in connection with an investigation by the U.S. Department of Justice.
- Business Wire
TD Bank Announces Matt Boss as Head of U.S. Consumer Banking
CHERRY HILL, N.J., April 16, 2024--TD Bank, America's Most Convenient Bank®, recently elevated Matthew (Matt) Boss to Head of U.S Consumer Banking. In his expanded role, Boss is responsible for TD's more than 1,100 store locations, contact centers, digital sales and capabilities, retail operations, U.S. Wealth, and TD Auto Finance, while continuing to oversee all consumer product teams, including deposit products, credit cards and unsecured lending and residential lending.
