TD Bank shakes up leadership amid scandal around anti-money-laundering program
September 19, 2024
TD Bank Group announced Thursday that Raymond Chun will replace CEO Bharat Masrani when he retires next spring. It comes as the bank works to resolve investigations into deficiencies in its anti-money-laundering program in the U.S., which allegedly allowed hundreds of millions of dollars of illicit drug profits to flow through the bank.
Unpublished Newswire
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