Nazrul Islam Mazumder, chairman of Nassa Group and a close associate of deposed prime minister Sheikh Hasina, has been accused of trade-based money laundering amounting to Tk 16,000 crore by the ...

Raymond Chun, currently chief operating officer at TD, will now succeed Bharat Masrani as CEO on Feb. 1 instead of April 10, as previously planned. “Ray has moved quickly and decisively to launch a ...

TD Bank Group said on Friday CEO-designate Raymond Chun would be appointed to the role on Feb. 1, months earlier than initially planned, and slashed the salary of 41 executives, including its ...

We are excited to have Ray take the helm and lead TD into the future," said Alan MacGibbon, Chair of the Board, TD Bank Group. "I want to once again extend the Board's thanks to Bharat for his ...

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Toronto-Dominion Bank TD-T intends to exit its full equity investment in U.S. financial services firm Charles Schwab, the companies said on Monday. TD holds 184.7 million shares of Schwab’s ...

Toronto-Dominion Bank is looking to sell about $9 billion of residential mortgage loans as the Canadian lender adjusts its balance sheet to comply with a new cap imposed by US regulators, part of ...

A Dhaka court has ordered the freezing of 52 bank accounts belonging to former EXIM Bank chairman and NASSA Group chief Nazrul Islam Mazumder, his wife Nasrin Islam, daughter Anika Islam ...

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 ...

TORONTO - TD Bank Group is speeding up its plan to install its new chief executive and overhauling its board as it continues to deal with the fallout of its anti-money laundering failures in the ...

TD Speeds CEO Handoff, Cuts Pay for More Than 40 Executives Bank cut bonuses by C$30 million over money-laundering lapses Outgoing CEO received no bonus, Chun to take over in February ...

Bharat Masrani will retire from the role and leave the bank’s board, though he will remain as an adviser until the end of July to help with continuing efforts to fix TD’s anti-money-laundering ...