Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money- laundering probes in the United States. This estimate by analysts at Jefferies Financial Group is double the previous estimates, highlighting the severity of the potential impact on Canada’s second-largest lender, Bloomberg reported Wednesday (June 5). The allegations involve instances in which TD Bank branch employees allegedly facilitated money laundering and bypassed anti-money laundering (AML) defe ...