TD Bank CEO seeks shareholder patience amidst ongoing US probe into anti-money laundering practices.
TD Bank CEO Bharat Masrani asked shareholders for patience as a US regulatory probe into the bank's anti-money laundering practices stretches into its second year. Masrani faced questions from shareholders who asked about the status of the probe and its impact on the bank's growth strategy. The CEO could not provide further details as the bank continues to address concerns from US regulatory and law enforcement agencies.
April 18, 2024
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