TORONTO-DOMINION BANK (TD.CA)
CA8911605092 - Common Stock
TD to Pay $28 Million for Sharing Inaccurate US Consumer Data
Toronto-Dominion Bank will pay almost $28 million in fines and restitution after the Consumer Financial Protection Bureau said the lender shared inaccurate information about tens of thousands of US customers with consumer reporting companies.
Former TD Investment Banking Head Pryde Joins Forthlane as CEO
Forthlane Partners recruited Robbie Pryde, the former head of corporate and investment banking at Toronto-Dominion Bank, as chief executive officer.
TD Announces Non-Viability Contingent Capital Subordinated Notes Issue
/CNW/ - The Toronto-Dominion Bank ("TD") (TSX: TD) (NYSE: TD) today announced the pricing of a U.S. public offering of US$1 billion of 5.146% Non-Viability...
Walmart, TD Deals Boost US Share Sale Volume to Highest Since May
Walmart Inc.’s $3.6 billion exit from China’s JD.com Inc. helped make August the busiest month since May for US sales of new and existing shares in already-public companies.
TD’s Outlook Changed to Negative by Moody’s on Cost of US Probe
The rising cost of a US investigation into Toronto-Dominion Bank’s money-laundering controls is casting a darkening shadow over one of the strongest bank credit ratings in the world, with Moody’s Ratings following rivals in placing a negative outlook on the firm.
TD Misses Estimates on Wealth Management After Hit From US Probe
Toronto-Dominion Bank missed analysts’ estimates as wealth-management results unperformed expectations and the company took a restructuring charge related to job cuts, adding to the firm’s troubles as it also booked a new $2.6 billion provision for fines tied to US money-laundering investigations.
TD Bank Takes $2.6 Billion Hit on US Probe, Sells Schwab Shares
Toronto-Dominion Bank is taking a provision of $2.6 billion for fines it expects to pay for failures in its money-laundering controls, and has sold part of its stake in Charles Schwab Corp. to fund it.
TD Bank Provides Update on U.S. AML Matters
/CNW/ - TD Bank Group ("TD" or the "Bank") (TSX: TD) (NYSE: TD) today announced that the Bank continues to actively pursue a global resolution of the civil and...
TD’s US Retail Bank, Once Prized, Now Drags Down Its Stock Price
Toronto-Dominion Bank’s expensive foray into the US was supposed to supercharge its growth. Instead, it’s become a drag on profitability and badly dented the lender’s reputation.
Wells Fargo Hires TD’s Fadi Aboosh for Financial Sponsors Group
Wells Fargo & Co. has hired Fadi Aboosh from TD Securities as a managing director in its financial sponsors group focusing on infrastructure funds, according to people familiar with the matter.
Chris Ward Joins TD Bank as Regional President of the Mid-South Metro
TD Bank Announces Enhancements to TD Cash Secured Credit Card
TD Names New Chief Compliance Officer Amid Laundering Probes
Toronto-Dominion Bank has tapped Erin Morrow as its new chief compliance officer, a key role as the bank faces ongoing US investigations into its anti-money laundering controls.
TD Announces Increase to Non-Viability Contingent Capital AT1 Perpetual Notes Issue
/CNW/ - The Toronto-Dominion Bank ("TD") (TSX: TD) (NYSE: TD) today announced that it intends to issue a S$60 million second tranche of its Fixed Rate Reset...
TD Announces Non-Viability Contingent Capital AT1 Perpetual Notes Issue
/CNW/ - The Toronto-Dominion Bank ("TD") (TSX: TD) (NYSE: TD) today announced the pricing of a private placement offering of S$250 million of Fixed Rate Reset...
TD Announces Non-Viability Contingent Capital AT1 Limited Recourse Capital Notes Issue
/CNW/ - The Toronto-Dominion Bank ("TD") (TSX: TD) (NYSE: TD) today announced the pricing of a U.S. public offering of US$750 million 7.250% Fixed Rate Reset...
TD Bank Launches "Chosen First Name" Feature to Help Drive Inclusive Banking Experiences
TD Sues Wealth Adviser Who Left During Money-Laundering Review
It seemed like a typical dispute between a company and a former employee: Toronto-Dominion Bank sued wealth adviser Gregg Desmarais last month, claiming he and a colleague “abruptly” resigned and violated their contracts by luring away clients with millions of dollars of assets to competitor Raymond James Financial Inc.
TD Money-Laundering Fines May Reach $4 Billion, Jefferies Says
Fines against Toronto-Dominion Bank tied to US money-laundering probes may total as much as $4 billion following fresh allegations involving the lender, according to Jefferies Financial Group Inc. analysts — double previous estimates of the potential impact on Canada’s second-largest lender.
TD’s Bribery Woes Spread to Florida as Fresh Allegations Surface
Fresh allegations that a longtime Toronto-Dominion Bank branch worker in Florida took a series of $200 bribes to help clients move millions to Colombia by skirting anti-money-laundering defenses are adding to the lender’s mushrooming US legal problems.
TD Bank Receives Remarkable 2024 Diversity Recognitions
TD Tops Estimates on Trading Amid Anti-Money-Laundering Overhaul
Toronto-Dominion Bank beat analysts’ estimates on strong performance in its capital-markets division and the company said that a “comprehensive overhaul” of its US anti-money-laundering program is “well underway.”
‘All Eyes On TD’ and US Probes as Canadian Bank Earnings Begin
Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week.
TD, RBC Data Point to Slowing Household Spending in Canada
Consumer spending in Canada has continued to show signs of weakness over the past two months, according to fresh data from the country’s two largest banks.
Small Business Optimism Jumps Ten Percent, New TD Bank Survey Shows
TD Hopes to Soon Reach ‘Global Resolution’ of Drug-Money Probes
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.
TD Risks ‘Lost Decade’ in US Money-Laundering Scandal, Jefferies Says
A veteran Canadian bank analyst says Toronto-Dominion Bank’s role in an alleged money-laundering scheme has made the “worst-case scenario” more likely — a huge fine and strict limits on the lender’s US growth.
TD ADDRESSES MEDIA REPORTS ABOUT ITS AML PROGRAM
/CNW/ - TD Bank Group ("TD" or the "Bank") (TSX: TD), (NYSE: TD), today made the following statement related to media reports about its anti-money laundering...
TD Risks an Earnings Hit From US Laundering Probe, Analysts Say
With new allegations emerging surrounding US anti-money-laundering investigations into Toronto-Dominion Bank, the lender could face a much higher fine than previously expected as well as a significant hit to its long-term financial performance, according to analysts at National Bank of Canada.
TD Probe Tied to Laundering Money From Drug Sales, Journal Says
A US law-enforcement probe into Toronto-Dominion Bank’s internal controls is tied to the laundering of hundreds of millions of dollars in proceeds from illegal drug sales, the Wall Street Journal reported.
TD Fined Record $6.7 Million Under Canada Money-Laundering Rules
Toronto-Dominion Bank was fined a record C$9.19 million ($6.7 million) for five violations of Canada’s anti-money-laundering and terrorist-financing laws.