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WSJ: TD Bank Faces $3B in Penalties and Growth Restrictions in U.S. Settlement

October 10, 2024, 07:15 AM
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Topic: Banking News

The Wall Street Journal reported that TD Bank is expected to pay roughly $3 billion in penalties and accept limits on its growth in the U.S. as part of a settlement with regulators and prosecutors over charges it failed to properly monitor money laundering by drug cartels.

Read the full exclusive Wall Street Journal report.

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