TD Bank Group ("TD" or the "Bank") will host a conference call on Thursday, October 10, 2024. The call will be audio webcast live through TD's website. The time and dial-in details of the conference call will be confirmed later today.
TD Bank did not immediately respond to a Reuters' request for comment. As part of the agreement, the bank's primary U.S. regulator, the Office of the Comptroller of the Currency (OCC), is also expected to impose an asset limit barring the Canadian lender from growing above a certain level in the country, the newspaper reported, citing people familiar with the matter. Both the U.S. Department of Justice (DOJ) and the Treasury Department's Financial Crimes Enforcement Network (FinCEN) are planning to put independent monitors in place to watch the lender closely and ensure compliance with the pacts, the report said.
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