TD Bank could face more severe penalties after drug money laundering allegations, says analyst

TD Bank could face more severe penalties after drug money laundering allegations, says analyst

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