TD Bank could face more severe penalties after drug money laundering allegations, says analyst

TD Bank Group could be hit with a worst-case scenario in penalties says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.

May 3, 2024 - 22:35
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TD Bank could face more severe penalties after drug money laundering allegations, says analyst
The TD bank logo glows with a green hue.

TD Bank Group could be hit with a worst-case scenario in penalties says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.

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