TD’s new CEO Raymond Chun faces the mountainous task of rebuilding trust in the bank
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TD isn’t fixing its money laundering problem because of Canadian penalties, but because the US regulator wouldn’t put up with their shit:
It had become clear TD needed a new leadership team to usher in the sweeping changes required to fix its anti-money-laundering failures, which in October resulted in U.S. regulators announcing more than US$3-billion in fines by the Department of Justice and a host of non-monetary penalties that will carve deep trenches in the bank for years to come.
Money laundering has pushed up costs in our real estate sector and enabled the drug crisis. It’s bizarre that we haven’t done more to stop it.
TD’s new CEO Raymond Chun faces the mountainous task of rebuilding trust
At the height of the most significant crisis in its history, Chun must turn around Canada’s second-largest bank
The Globe and Mail (www.theglobeandmail.com)
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TD isn’t fixing its money laundering problem because of Canadian penalties, but because the US regulator wouldn’t put up with their shit:
It had become clear TD needed a new leadership team to usher in the sweeping changes required to fix its anti-money-laundering failures, which in October resulted in U.S. regulators announcing more than US$3-billion in fines by the Department of Justice and a host of non-monetary penalties that will carve deep trenches in the bank for years to come.
Money laundering has pushed up costs in our real estate sector and enabled the drug crisis. It’s bizarre that we haven’t done more to stop it.
TD’s new CEO Raymond Chun faces the mountainous task of rebuilding trust
At the height of the most significant crisis in its history, Chun must turn around Canada’s second-largest bank
The Globe and Mail (www.theglobeandmail.com)
They also fund the incineration of our planet through investments in coal and oil. I moved everything out of that bank and into my local credit union years ago. Fuck all the big pollution supporting banks, take care of your local community!
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They also fund the incineration of our planet through investments in coal and oil. I moved everything out of that bank and into my local credit union years ago. Fuck all the big pollution supporting banks, take care of your local community!
Use https://bank.green/ to find decent alternatives to the big six!
