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Published 14 days ago

TD's Masrani hopes to tell shareholders more on anti-money laundering probe soon

  • TD Bank CEO Bharat Masrani plans to provide more information soon on the investigation into the bank's anti-money laundering procedures.
  • Masrani acknowledged shortcomings in the bank's program, stating, "Regretfully, our program was not where it needed to be."
  • Due to confidentiality constraints, Masrani cannot offer more information or speculate on the timing of updates regarding the investigation involving the U.S. Department of Justice.
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