A Chinese drug cartel that was selling fentanyl bribed TD Bank branch employees in New York and New Jersey to launder ...

TD Bank today pled guilty and agreed to pay over $1.8 billion in penalties to resolve the Justice Department’s investigation ...

For years, TD ignored red flags from high-risk customers and created a "convenient" environment for bad actors to exploit, ...

TD Bank did the opposite," said Deputy Secretary of the Treasury Wally Adeyemo in the statement. "From fentanyl and narcotics trafficking, to terrorist financing and human trafficking, TD Bank’s ...

Investigators from the Department of Justice found that TD Bank failed to monitor more than 90% of transactions between January 2018 and April 2024.

TD Bank shares fell 8% after it pleaded guilty to anti-money-laundering charges and agreed to pay a $3 billion fine. The charges involved a scheme by Chinese cartels bribing TD employees at bank ...

The bank is the 10th largest in the United States, and its CEO said the company takes full responsibility and has been ...

"TD Bank chose profits over compliance in order ... large bags of cash into branches to launder millions of dollars in fentanyl sales through TD branches in New York and New Jersey, a source ...