Toronto-Dominion Bank (TD) announced the retirement of its long-serving CEO, Bharat Masrani, and the appointment of Raymond Chun as his successor. The transition comes amidst ongoing investigations into money-laundering controls at TD’s US branches and the fallout from a failed acquisition.
Toronto-Dominion Bank (TD) has reduced its stake in Charles Schwab Corporation (SCHW) and set aside $2.6 billion for potential fines related to its anti-money laundering program. This news sent Schwab shares tumbling after hours.
TD Bank’s South Broad Street branch has introduced an innovative and delightful amenity for its furry patrons – an Automated Treat Machine (ATM). This special ATM, unlike its traditional counterpart, dispenses dog biscuits instead of cash. Canine customers simply approach the machine, step on the motion-sensor-operated paw-pad, and receive a treat dispensed into a waiting TD dog bowl. This unique initiative aims to create a welcoming and inclusive environment for customers and their beloved canine companions. TD Bank, recognizing the growing trend of businesses embracing pet-friendly practices, has embraced this opportunity to connect with its customers in a fun and memorable way.
