It will take years for dust to settle on TD scandal
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- Опубликовано: 4 июн 2024
- John Aiken, analyst at Jefferies, talks with Financial Post's Larysa Harapyn about the impact on TD Bank of investigations into its ties to a money-laundering case in the United States.
So lucky just sold their stock! I am not impressed with their customer support neither!
Fire the chief of TD for the bad decisions.
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The CEO of TD bank, Bharat Masrani, who has been settled in Canada for roughly 21 years but working for TD bank for DECADES (immigrated young), is a Ugandan-born immigrant of East Indian descent. Just gonna leave that here.
Most of TD employee's can't speak coherent English.
This bank stole my credit let me know
Does anyone who works in finance have any morals?
Yeah go by one mostly how to leverage a buck to make more and stay clear of regulations as much as possible. Also game the system via lobbies to pay less in fines overall to profits made lol
no just like goverment
yea canadas 2nd largest bank and one of us 10th biggest banks is gonna fall
Who is that in the background dah
Bad news always come in a string of bad news. This situation demands a cockroach approach.
Jefferies must have a short position on TD
I would love my own
☢️
Read the indictments in the USA . TD is toast
Really? What’s the short version summary?
@@svenhodaka9145 DOJ - plans to make an example of TD and other entities in the Canadian pipeline. Remember the Can bank pipelines through Hong Kong to Toronto and TSX. The criminal trials should occur second. Then civil trials will follow as the lawyers circle. USA DOJ and USA politicians patiently waited for Canada to police the laundering. Now with established links to drug cartels, through Canada financials, the politicians are coming with pressure to indict. Someone has to pay for fentanyl deaths. Canada is the best to show to USA voters. More to come.
Not on the money laundering issue as fines a pittance to $$$ made .. need to sift through the balance sheet for other risks lol generally a buying opp !
Similar story with different details years ago with CIBC. “What doesn’t kill you makes you stronger” CIBC has done fine. If you have 10+ year time horizon accumulate TD for excellent dividends and growth. Another option is to buy Canadian banks ETF. Simple.
Always make more than what they pay in fines so the drop is a buying opp as long as other areas of the balance sheet are sound lol