Shares of Toronto-Dominion Bank (TD) declined 2.2% as the company incurred a loss on a GAAP basis in the third quarter of fiscal 2024 (ended Jul 31). The quarterly loss was primarily due to provisions for the penalties related to investigations concerning its anti-money laundering (AML) practices by the U.S. regulators. Net loss (GAAP basis) was C$181 million ($132.2 million) against net income of $2.88 billion in the prior-year quarter. Huge increases in provisions for credit losses and higher expenses act ...