Die kanadische TD Bank hat zugestimmt, Strafen in Höhe von mehr als 3 Milliarden US-Dollar zu zahlen, weil sie die Geldwäsche durch Drogenkartelle nicht ausreichend überwacht, sagten US-Beamte am Donnerstag
https://www.france24.com/en/live-news/20241010-td-bank-to-pay-more-than-3-bn-to-us-in-money-laundering-case
11 Comments
Titty bank?
Now your fees will go up and they will find new ways to get to your money
Good, they should be penalized for cutting corners on BSA requirements
No consequences for the ppl committing the crime? Just a monetary fine for a big corporation that will recoup the losses via fee increases for the clients of the bank. What a world we live in.
Agreed to pay $3B? Means they must have made about $9B or so. Not bad.
Anyone going to jail?!!
US officials motorboat titty bank
For those thinking $3B isn’t enough. They’ll likely pay 10x or more in related compliance costs (staffing, training, consultants, systems, etc). Based on the CMP, staffing was a major issue for years and the execs ignored it.
Notable that it’s the US holding Canadian banks accountable
any crime that doesn’t get you jail time is just the cost of doing business. smdh. Should at least force the change of the board
Did someone say something about a titty bank, or….?