TD Bank Stock Tumbles as Lender Agrees To More Than $3B in Penalties, Growth Cap

“By making its services convenient for criminals, TD Bank became one,” U.S. Attorney General Merrick Garland said. “Today, TD Bank also became the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures, and the first U.S. bank in history to plead guilty to conspiracy to commit money laundering.”