47
posted ago by ThreeOneFIve ago by ThreeOneFIve +47 / -0

From Linkedin:

https://www.linkedin.com/news/story/td-bank-hit-with-3b-fine-curbs-6191756/

" TD Bank hit with $3B fine, curbs By Andrew Barker, Editor at LinkedIn News

Updated 3 hours ago

Canada's TD Bank has agreed to pay $3 billion in penalties to U.S. federal regulators over its failures to prevent money laundering by drug cartels. As part of its guilty plea, the bank also agreed Thursday to limit its retail growth within the U.S. The settlement represents the largest penalty the U.S. has ever imposed on a bank for money laundering charges, as well as the first time regulators have imposed an asset cap on a big bank since Wells Fargo in 2018. TD Bank CEO Bharat Masrani recently announced he will step down next year."

Image Link: FINCEN Enforcement against TD BANK https://media.licdn.com/dms/image/v2/D5622AQFHlYGJ4ekcMg/feedshare-shrink_800/feedshare-shrink_800/0/1728666194210?e=1731542400&v=beta&t=6eG0WJd6jzDaiZrVYEr9RRGrJY8wG2eEiLUyfxn_sWI

TD Bank is a partner of the WEF along with Santander and they openly support "The Great Reset"