Norway’s $1.9 trillion sovereign wealth fund has placed Toronto-Dominion Bank under observation for a period of four years over financial crime concerns.

The decision places TD Bank among a small group of companies under formal observation by the fund, which holds a 1.05% stake in the Canadian lender as of year-end 2024.

TD Bank confirmed its plans to close nearly 40 branches by June 5, a decision that comes after it evaluated its existing stores. What to know 📋 How to talk money 🤑 💸 to your 📩 See top ...

TD Bank fined $3 billion in money-laundering fiasco that allowed organized crime to transfer hundreds of millions without being reported under federal regulation.

(Reuters) -TD Bank on Thursday said it would lay off 2% of its workforce to cut costs and scale up its digital and AI investments, as the bank restructures following its historic anti-money ...

WASHINGTON — TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who said Thursday that the financial institution's lax practices allowed significant money ...

Toronto-Dominion Bank will exit its investment in Charles Schwab, the Canadian bank’s first big move under new CEO Raymond Chun to shore up its business following a costly money-laundering scandal.

TD Bank allowed money laundering networks to move more than $670 million through its accounts between 2019 and 2023, Justice Department said. Latest U.S.

Norway’s $1.9 trillion sovereign wealth fund has placed Toronto-Dominion Bank under observation for a period of four years over financial crime concerns.