shawn on Nostr: Remember boys and girls, “illicit finance” = traditional finance. “TD Bank’s ...
Remember boys and girls, “illicit finance” = traditional finance.
“TD Bank’s American unit is reportedly set to plead guilty to anti-money laundering failures.
The Toronto-based bank is expected to pay a roughly $3 billion penalty and agree to limits on its growth in the U.S. as part of the plea deal, the Wall Street Journal (WSJ) reported late Wednesday (Oct. 9).”
https://www.pymnts.com/bank-regulation/2024/td-bank-reportedly-facing-3-billion-money-laundering-penalty/
“TD Bank’s American unit is reportedly set to plead guilty to anti-money laundering failures.
The Toronto-based bank is expected to pay a roughly $3 billion penalty and agree to limits on its growth in the U.S. as part of the plea deal, the Wall Street Journal (WSJ) reported late Wednesday (Oct. 9).”
https://www.pymnts.com/bank-regulation/2024/td-bank-reportedly-facing-3-billion-money-laundering-penalty/