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Market Chatter: U.S.Probe of TD Bank Tied to US$653-million Money-Laundering and Drug-trafficking Case
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Market Chatter: U.S.Probe of TD Bank Tied to US$653-million Money-Laundering and Drug-trafficking Case
May 3, 2024 5:09 AM

07:52 AM EDT, 05/03/2024 (MT Newswires) -- Toronto-Dominion Bank's ( MLWIQXX ) lengthy regulatory and law enforcement investigation in the United States is tied to a US$653-million money-laundering and drug-trafficking operation, a revelation that finally sheds light on American regulators' decision to block TD's multibillion-dollar U.S. acquisition a year ago, The Globe and Mail is reporting.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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