• 11/29/2024

TD Bank Sets Aside $2.6 Billion in 3Q for Possible U.S. Anti-Money Laundering Penalties

Wall Street Journal

The Wall Street Journal previously reported that the Justice Department’s investigation into the bank was focused on how Chinese crime groups and drug traffickers used the Canadian lender to launder money from U.S. fentanyl sales.

https://www.wsj.com/articles/td-bank-sets-aside-2-6-billion-in-3q-for-possible-u-s-anti-money-laundering-penalties-643ef605