Shares of TD Bank (TD) are under pressure after a new report from the Wall Street Journal revealed the Canadian bank is expected to pay roughly $3 billion in penalties and accept limits on its growth as part of a settlement with US regulators over a money laundering investigation.
Catalysts Hosts Seana Smith and Madison Mills report more on the story and what it could mean for the bank’s outlook.
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This post was written by Melanie Riehl