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Market
Will TD Bank's U.S. growth be significantly impacted by settlement limitations by mid-2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Financial reports or market analysis showing slowed growth in U.S. operations
Story
TD Bank to Pay $3 Billion Penalty, Limit U.S. Growth in Money-Laundering Settlement
Oct 9, 2024, 08:59 PM
TD Bank is expected to pay approximately $3 billion in penalties and accept limitations on its U.S. growth as part of a settlement with U.S. regulators and prosecutors over money-laundering charges. The charges allege that the bank failed to properly monitor money laundering activities by drug cartels.
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Similar markets
Significant expansion • 25%
Moderate expansion • 25%
No change • 25%
Reduction in operations • 25%
Focus on compliance improvements • 25%
Sell U.S. operations • 25%
Seek mergers or acquisitions • 25%
Other strategic actions • 25%
Increase • 25%
Decrease • 25%
No Change • 25%
Other • 25%
Increased portfolio yield • 25%
Decreased portfolio yield • 25%
No change in portfolio yield • 25%
Data not disclosed • 25%
Expansion in digital services • 25%
New branch openings • 25%
Focus on existing operations • 25%
Other strategic focus • 25%
Increase by more than 5% • 25%
Increase by 0-5% • 25%
Decrease by 0-5% • 25%
Decrease by more than 5% • 25%
Yes • 50%
No • 50%