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TD Suspends Growth Guidance in Wake of Historic Settlement
News December 05, 2024 at 02:57 PM
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What You Need To Know
- Asked if the bank would consider U.S. divestitures, its CEO said “everything is on the table.”
- It recently agreed to pay almost $3.1 billion in fines and other penalties and faces a cap on its American assets.
- The bank is in the midst of reducing its U.S. assets by 10% to remain in compliance with the American asset cap.
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