The Wall Street Journal reports that TD is expected to plead guilty to criminal charges in an anti-moneylaundering case. Shares of Toronto-Dominion Bank (TD -4.55%) fell by as much as 7% Thursday morning after a bombshell report from The Wall Street Journal said that U.S. regulators were preparing to fine the large Canadian lender about $3 billion and place an asset cap on its U.S. operations in a deal to settle charges that it had failed to properly follow anti-money-laundering laws. As of 11 a.m. ET, shar ...

文章核心观点 - TD银行的美国分部将就反洗钱失败行为认罪 [1][2] - TD银行将支付约30亿美元罚款,并受到限制其在美国的业务扩张 [1][2] - 美国司法部和财政部金融犯罪执法网络(FinCEN)将派遣独立监察员监督TD银行,确保其遵守协议 [1][2][3] 公司相关 - TD银行因一起涉及毒品交易的洗钱案件而受到调查,该案件涉及数亿美元资金通过TD银行在纽约和新泽西的分支机构进行洗钱,并贿赂了TD银行员工 [2] - 作为该案件的结果,TD银行总裁兼CEO Bharat Masrani将于明年退休 [2][3] - Masrani表示,这些反洗钱方面的挑战发生在他担任CEO期间,他对此负全责,并将在未来几个月继续推进必要的整改计划 [3] 行业相关 - 该案件发生在金融行业反洗钱实践受到更多关注的背景下 [3] - 监管机构正在寻求利用先进技术来加强金融机构的反欺诈防御措施 [3]

文章核心观点 - 加拿大银行TD Bank将支付约30亿美元的罚款,并接受限制其美国业务增长的措施,原因是未能遏制毒品集团的洗钱行为 [1][2] - TD Bank在第三季度录得意外亏损,因为公司已预留数十亿美元用于支付上述罚款 [3] - TD Bank CEO Bharat Masrani将于2025年4月离任,公司已宣布了CEO的继任计划 [3] 公司概况 - TD Bank是一家加拿大银行,在美国也有零售业务 [1][2] - 公司因未能遏制毒品集团的洗钱行为而受到美国监管机构的调查 [1][2] - 公司已与美国监管机构和执法部门合作,试图解决相关问题 [3] 财务表现 - 公司在第三季度录得意外亏损,主要是因为预留了数十亿美元用于支付罚款 [3] - 公司股价在盘前交易中下跌4.5%,全年迄今下跌1.7% [3]

Investing for income isn't an approach that's for everyone. But when it's done the right way, it can be a savvy investing strategy. Hi, my name is Kody. Aside from my four to five weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT on Alpha. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my journey towards financial independ ...

If you are looking for high yields in October, check out these three out-of-favor financial stocks. You may like what you see. For dividend investors, there's usually nothing more tempting than a big, fat dividend yield. But you have to make sure that the business behind that yield is strong enough to keep paying the dividend or you could end up owning a yield trap. Right now Wall Street is sour on W.P. Carey (WPC -1.23%), T. Rowe Price (TROW 1.87%), and Toronto-Dominion Bank (TD 0.69%). But that's put thes ...

The Toronto-Dominion Bank's (TD) U.S. broker-dealer unit, TD Securities USA, has agreed to pay more than $20 million in a settlement with U.S. authorities over allegations of manipulations of the U.S. Treasuries market. Allegations Against TD Bank TD Securities USA admitted to engaging in the spoofing in the U.S. Treasury cash securities market as a part of the deal with the U.S. Justice Department. This puts to an end a long-running probe into manipulation, per the court filing. TD Securities further settl ...

TD Bank is reportedly settling a case involving illegal "spoof" orders by a former trader. The Canadian bank will pay more than $20 million as part of a deal with American prosecutors, Bloomberg News reported Monday (Sept. 30), citing court filings. That deal involves TD entering into a three-year deferred prosecution agreement to end criminal and civil investigations into "hundreds of fraudulent spoof orders amounting to tens of billions of dollars of false supply and demand" for U.S. Treasurys. According ...

TD Bank is reportedly close to a possible plea related to its anti-money laundering measures. The Canadian bank is in discussions with U.S. prosecutors over the agreement, stemming from criminal charges that its American arm failed to prevent money laundering, The Wall Street Journal (WSJ) reported Friday (Sept. 27). The plea could come in the next two weeks, the report said, citing sources with knowledge of the matter. Those sources say authorities accuse the bank of recklessness in failing to establish pr ...

TD Bank got itself into a little bit of hot water with regulators. However, it believes the problem will be largely behind it by the end of 2024. Toronto-Dominion Bank (TD 0.08%), one of the largest banks in North America, has stumbled. There is no way around that fact. But the reaction on Wall Street has left the dividend yield at 4.7%, well above the 2.5% yield of the average bank, using the SPDR S&P Bank ETF as an industry proxy. Is this Canadian banking giant a buy, sell, or hold today? Buy Toronto-Domi ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...