For well over a year, Bay Street wondered what TD had done to find itself at the heart of a U.S. money laundering probe. After a long, mysterious wait, we’ve got some answers.
Driving the news: A U.S. Justice Department probe into TD Bank is reportedly tied to the drug trafficking operation of a Chinese crime group that laundered at least US$653 million in profits from the sale of illegal narcotics, including fentanyl, at U.S. banks.