TD Bank's $3 Billion Wake-Up Call: A New Compliance Chief

TD Bank hires JP Morgan veteran Jon Rasmussen as U.S. Chief Compliance Officer after a $3 billion penalty for money laundering violations. Will Rasmussen's 30 years of experience be enough to navigate regulatory scrutiny and restore trust? This leadership change is a key move in TD Bank's attempt to overhaul its risk management and avoid further penalties under the watchful eye of an independent monitor. Hosted on Acast. See acast.com/privacy for more information.