• 11/25/2024

Concern Over TD Anti-Money-Laundering Practices Helped Scuttle First Horizon Deal

Wall Street Journal

Toronto-Dominion Bank’s handling of suspicious customer transactions was behind regulators’ refusal to bless the Canadian lender’s $13.4 billion bid to buy First Horizon, people familiar with the matter said.

https://www.wsj.com/articles/concern-over-td-anti-money-laundering-practices-helped-scuttle-first-horizon-deal-fc73b831