TD Bank shakes up leadership amid scandal around anti-money-laundering program | Unpublished
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Source Feed: CBC News - Canada
Publication Date: September 19, 2024 - 15:35

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.


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