Published 09/19/2024 12:47:31 p.m.

TD CEO to retire next year, takes responsibility for money laundering failures

Summary by Winnipeg Free Press

TORONTO – TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year. Masrani, who will retire officially […]

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Global News

TD Bank announces CEO shuffle as Masrani set to retire in 2025 - National

TD Bank announced a slew of executive changes on Thursday, most notably the retirement of its CEO Bharat Masrani and the naming of his successor, Ray Chun.

09/19/2024 2:11:52 p.m.·Toronto, Canada

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Winnipeg Free Press

TD CEO to retire next year, takes responsibility for money laundering failures

TORONTO – TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year. Masrani, who will retire officially […]

09/19/2024 7:47:31 a.m.·Winnipeg, Canada

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Financial Post

TD CEO Bharat Masrani to retire, bank names successor

TD Bank Group chief executive Bharat Masrani has announced that he will retire on April 10, 2025.

09/19/2024 12:57:41 p.m.·Canada

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The Epoch Times

TD CEO to Retire Next Year, Takes Responsibility for Money Laundering Failures

TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year. Masrani will retire officially on April 10, 2025, at the bank’s next annual meeting of shareholders after 38 years at the bank and more than a decade as CEO. “The anti-money laundering challenges we face took place on my watch as CEO and I take full responsibility,” he said in a statement Thursday. “In the coming mo…

09/19/2024 5:03:53 p.m.·New York, United States

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Bloomberg

TD Names Chun CEO With Bank Facing US Investigation

Toronto-Dominion Bank said Chief Executive Officer Bharat Masrani will retire in April and Raymond Chun will take the top job, as the bank grapples with investigations by the Department of Justice and financial regulators into lapses of money-laundering controls at its US branches.

09/19/2024 12:42:47 p.m.·United States

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