Banking giant hoping for “global resolution” to drug-money probes
The financial titan’s CEO urges employees to “hold heads high” as it faces anti-money-laundering actions from multiple regulators.
Toronto-Dominion Bank is hoping it can soon work out a “global resolution” to a series of regulatory and law-enforcement probes it faces in the US over allegations that the lender was used for the laundering of drug money.
Chief Executive Officer Bharat Masrani addressed employees of the bank
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