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TD Plans to Cut About 2% of Workforce Amid Restructuring
Toronto-Dominion Bank rose after reporting earnings that topped estimates and unveiling a restructuring plan to curb costs that included workforce reductions.Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?
The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran.
Upgrading its anti-money-laundering controls is the Canadian bank's top priority following historic failures that led to a $3 ...
TD Bank Group said Thursday that it is cutting around 2 per cent of its workforce as the bank works to reduce costs and ...
TD reached a historic settlement with U.S. authorities in October in which it pleaded guilty to multiple charges for failings in its anti-money-laundering controls and agreed to pay $3.09 billion in ...
Toronto-Dominion Bank’s earnings soared in the recent quarter thanks to the exit from its investment in Charles Schwab, ...
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