TD acknowledges ‘darkest day' in shareholder meeting [Yahoo! Finance]
Moody's Corporation (MCO)
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Source: Yahoo! Finance
When U.S. agencies in October laid out TD's anti-money laundering failures and announced a $3.09 billion settlement with the bank, it marked the “darkest day” for the Canadian lender, TD board Chair Alan MacGibbon said Thursday. “The settlements were extraordinarily painful,” MacGibbon said, according to The Globe and Mail . “The Oct. 10 public consent agreements was the darkest day that we could have imagined it to be, and I apologize to all investors for how difficult this was and the consequences of the actions.” MacGibbon's comments came in response to a shareholder's question at TD's annual general meeting Thursday – the first opportunity for investors, on a grand scale, to talk to the bank's brass in the six months since the settlement, which included a $434 billion cap on the lender's U.S. retail assets. Ray Chun, in his first annual general meeting as TD's CEO, said the bank is redesigning its training programs at all levels, including for front-line employees who inter
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MCO
Earnings
- 10/23/25 - Beat
MCO
Sec Filings
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- MCO's page on the SEC website