TORONTO — TD Bank chief executive Bharat Masrani says he hopes to be able to say more in the near term on the investigation into the bank's anti-money...
TORONTO — TD Bank chief executive Bharat Masrani says he hopes to be able to say more in the near term on the investigation into the bank's anti-money laundering measures .
He says that he understands shareholders want to know more about the investigation, which includes the U.S. Department of Justice, but that given confidentiality requirements he can't provide more detail or speculate on the timing of updates.Masrani emphasized that TD still has a significant presence and potential in the U.S., even without the acquisition, including more retail locations than in Canada and that it ranks as a top-three bank in the markets it operates in the country.
Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 - pretty much his “whole nest egg,” he said.
A once-sealed affidavit filed with the Tax Court of Canada and obtained by The Fifth Estate details how alleged scammers tricked the Canada Revenue Agency and made off with $37 million of taxpayers' money. In the document, a litigation officer with the Canada Revenue Agency alleges that Toronto-area company Gold Line Telemanagement made "material misstatements" on tax returns and was "part of a group of companies that participated in sham transactions.
TD Bank Anti-Money Laundering Measures Anti-Money Laundering
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