td bank

TD Bank and Plaid Partner to Ease Access to Apps
TD Bank and Plaid Partner to Ease Access to Apps
December 14, 2023  |  Digital Banking

TD Bank Group and Plaid have partnered to eliminate the need for TD customers in Canada and the United States to share login credentials with...

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TD Bank to Cut 3% of Workforce
TD Bank to Cut 3% of Workforce
November 30, 2023  |  Banking

Toronto-Dominion Bank, Canada’s second-largest lender, has reportedly undertaken a restructuring plan that includes a 3% reduction in its workforce. The job cuts will be implemented...

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Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
September 08, 2023  |  Banking

The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing...

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TD Bank Faces Anti-Money Laundering Probes From US Regulators
TD Bank Faces Anti-Money Laundering Probes From US Regulators
August 24, 2023  |  AML

TD Bank has disclosed that it is cooperating with inquiries from regulators and law enforcement regarding its compliance with anti-money laundering rules. The bank made this...

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Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
May 31, 2023  |  Banking

Overdraft fees have been a hot button issue in financial services.  But they’re less of a revenue source for banks — significantly less — than...

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Class-Action Lawsuit Targets TD Bank After Failure of First Horizon Deal
Class-Action Lawsuit Targets TD Bank After Failure of First Horizon Deal
May 23, 2023  |  Legal

A class-action lawsuit has reportedly been filed against TD Bank following its failed attempt to acquire First Horizon Bank. The Arbitrage Fund, which is a First Horizon shareholder,...

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TD Bank Reportedly Will Need Years to Address Regulators’ Concerns
TD Bank Reportedly Will Need Years to Address Regulators’ Concerns
May 15, 2023  |  Bank Regulation

Although TD Bank has capital on hand to make acquisitions, it reportedly won’t be able to make them in the United States. A Barclays analyst said the regulatory...

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Regulators’ Concerns About TD Bank’s AML Practices Reportedly Ended Merger
Regulators’ Concerns About TD Bank’s AML Practices Reportedly Ended Merger
May 08, 2023  |  Bank Regulation

Regulators’ concerns about TD Bank’s anti-money laundering (AML) practices reportedly ended its plans to acquire First Horizon Bank. The concerns of the Office of the...

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TD Bank and First Horizon Scrap $13.4 Billion Merger
TD Bank and First Horizon Scrap $13.4 Billion Merger
May 04, 2023  |  Partnerships / Acquisitions

TD Bank and First Horizon Bank have called off their $13.4 billion merger. The financial institutions announced the end to their agreement in a joint...

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