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.

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.