Canada's TD Bank TD.TO set CEO Raymond Chun's 2024 salary at C$11.4 million ($7.88 million) and cut U.S. retail banking head Leo Salom's pay amid the lender's anti-money laundering (AML ...

TD Bank Group shares rose Thursday amid news that CEO Bharat Masrani is planning to retire next spring after a decade in the top role at the Canadian firm. Raymond Chun, who currently leads the ...

Bank of America Securities upgraded Toronto-Dominion Bank (NYSE:TD) to Buy from Neutral on increased confidence that incoming CEO Raymond Chun can fix the bank's U.S. anti-money laundering issues.

TD Bank CEO Bharat Masrani is retiring. The bank has set aside billions of dollars to cover pending fines from U.S. regulators probing alleged weaknesses in TD's money laundering controls ...

UPDATE: This article includes additional background on Chun as well as reaction from analysts. TD Bank Group's president and CEO is stepping down next year after a decade at the helm, the latter ...

TD Bank Group CEO Bharat Masrani, pictured at the Toronto-based bank's annual general meeting in April, said Wednesday that cross-company communication is vital for risk management. TD Bank Group is ...

TD has instituted new compliance programs and fired dozens of staff at its US branches. The beleaguered lender has also named its Canadian personal banking head Ray Chun as the bank’s next CEO.

Raymond Chun, currently the Canadian lender’s chief operating officer, will take the CEO post on Feb. 1 instead of April 10. Bharat Masrani will retire from the role and leave the bank’s board ...

Incoming CEO Raymond Chun to take charge on Feb. 1 Outgoing CEO Masrani's pay cut by 89% due to compliance failures TD Bank faces challenges in U.S. market, plans strategic review Jan 17 (Reuters ...

TD Bank on Thursday said it would lay off 2% of its workforce to cut costs and scale up its digital and AI investments, as the bank restructures following its historic anti-money laundering settlement ...

A major United States bank is closing dozens of branches nationwide next month. These include a number in Pennsylvania.