TD Bank Group, which is mired in a money-laundering scandal in the U.S., said Raymond Chun will replace chief executive Bharat Masrani, who is retiring next year. Chun, who stepped into the role of head of Canadian personal banking last December, will become chief operating officer on Nov. 1 before taking over the top job … Read more
TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank of Canada analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD … Read more
Abu Dhabi: The Sharjah Police’s anti-drug forces have arrested a total of 551 drug traffickers and promoters from January to November this year. The department seized 1,051,000 kg of hashish, heroin, crystal meth, and other psychotropic substances, with a value of 104,117,446 dirham (Rs 2,35,84,74,791). Sharjah Police’s Major General Saif Al Zari Al Shamsi revealed … Read more
