TD Bank - News, Articles & Research

TD Bank to offload $14bn Charles Schwab stake

TD Bank has agreed to sell its 10.1% stake in investment firm Charles Schwab for about C$20 billion (US$14.6 billion) after taxes.

11 February 2025

Company announcement/payments

TD Bank partners Backbase for retail card business overhaul

TD Bank, America’s Most Convenient Bank®, announced today that it has teamed up with Backbase, the creator of the Engagement Banking Platform, to help evolve and improve the digital experience for its retail partners.

12 December 2024

News/regulation

Axiom Bank hit with enforcement action

The Office of the Comptroller of the Currency (OCC) has filed an enforcement action against Axiom Bank in Florida.

18 October 2024

News/regulation

TD Bank fined $3bn after money laundering guilty plea

TD Bank has agreed to pay $3 billion in penalties after pleading guilty to violating US anti-money laundering federal laws.

10 October 2024

Company announcement/wholesale

TD preps small business dashboard

Most small business owners start their company because they are pursuing a passion, not because they are savvy at accounting or finance.

28 August 2024

Company announcement/crime

TD Bank takes provision of $2.6 billion in anticipation of AML penalties

TD Bank Group (“TD” or the “Bank”) (TSX: TD) (NYSE: TD) today announced that the Bank continues to actively pursue a global resolution of the civil and criminal investigations into its U.S. Bank Secrecy Act (BSA)/anti-money laundering (AML) program by its U.S. prudential regulators, the Financial Crimes Enforcement Network (FinCEN) and the U.S. Department of Justice (DOJ).

22 August 2024

Company announcement/inclusion

TD and MPower target international students in Canada

TD and MPpower Financing have announced a collaboration to help simplify the banking experience for international students pursuing higher education in Canada.

26 June 2024

Company announcement/retail

TD unveils 'sonic identity'

TD Bank Group (TD) working closely with Sixième Son, a global sonic branding agency, has introduced a sonic identity.

22 May 2024

Company announcement/cloud

TD Bank inks cloud deal with Google

TD Bank Group (TD) and Google Cloud today announced a multi-year strategic relationship. TD will add Google Cloud services to its portfolio of data-driven technology solutions to support its delivery of innovative banking experiences.

03 April 2024

Company announcement/payments

TD Bank introduces Tap to Pay on iPhone for small businesses

TD, America’s Most Convenient Bank®, today announced the launch of Tap to Pay on iPhone, enabling small and micro business owners across the U.S. to use their mobile phone for a seamless and secure point-of-sale (POS) experience.

22 February 2024

News/retail

TD inks data access deal with Plaid

TD has struck a North American data-access agreement with Plaid, enabling the bank's customers in Canada and the US to share their financial data with third-party providers.

18 December 2023

News/regulation

Regulator AML concerns scuppered TD Bank-First Horizon deal - WSJ

TD Bank's $13.4 billion purchase of US bank First Horizon collapsed over regulator concerns about the Canadian lender's anti-money laundering (AML) practices, according to the Wall Street Journal.

09 May 2023