TD Bank Hit with US$3 Billion Fine and U.S. Growth Restrictions in Money-Laundering
In a significant development, TD Bank has agreed to pay a staggering US$3 billion to settle a long-running money-laundering investigation in the U.S. This case has major implications for the bank’s future operations, particularly its expansion plans in the U.S., where it will now face a growth cap. Overview of the Settlement The settlement comes … Read more