The employee was indicted for allegedly distributing personal information of TD Bank customers, the latest criminal probe to hit the U.S. arm of the Canadian financial institution.

Britain's Financial Conduct Authority (FCA) has fined Metro Bank 16 million pounds ($20.51 million), for failings in its anti-money laundering controls between June 2016 and December 2020. The bank failed to have the right systems and controls to adequately monitor more than 60 million transactions,

Toronto-Dominion Bank anti-money-laundering chief Herbert Mazariegos is urging the financial sector to learn from his bank’s failures, cautioning the industry that criminals are targeting other institutions to wash illicit funds.

Metro Bank fined £16.6m for failings over money laundering checks - The lender, which has about three million UK customers, failed to check for money laundering on millions of transactions up to 2020.

Metro Bank has been fined almost £16.7m after a City watchdog probe found historic failures in the lender's money laundering checks.