TD Bank closing nearly 40 branches on June 5: See list of shuttering locations Last year, TD Bank pleaded guilty to conspiracy and money laundering, agreed to pay $3 billion in penalties.

TD failed to monitor over $18 trillion in customer activity for about a decade, enabling three money laundering networks to transfer illicit funds through accounts at the bank, US authorities said.

Where Closures Are Happening So far in 2025, TD Bank has filed to close dozens of branches across multiple U.S. states. According to the U.S. OCC, closures include locations in New York, New ...

WASHINGTON (CN) — TD Bank pleaded guilty Thursday to charges of money laundering and violations of the Bank Secrecy Act for failing to properly monitor money laundering by drug cartels, and agreed to ...

TD Bank shares fell almost 5% on Thursday afternoon. For years, TD ignored red flags from high-risk customers and created a "convenient" environment for bad actors to exploit, the government said.

TD Bank said on Thursday Chief Global Anti-Money Laundering Officer Herbert Mazariegos is stepping down immediately, as the bank takes remediation actions after it was fined by U.S. regulators for ...