TD Bank Shares Slide After Agreeing To $3 Billion Fine In Money Laundering Case

Topline TD Bank will pay $3 billion in penalties to regulators as part of an agreement announced Thursday, sending the bank's stock tumbling around 5% after it pleaded guilty to failing to maintain an anti-money laundering program, making itself into an "easy target" for financial criminals. TD said Thursday criminals exploited their systems. (Photo by Beata Zawrzel/NurPhoto via Getty ... [+] Images) NurPhoto via Getty Images Key Facts TD Bank's U.S. arm "failed to appropriately fund and staff" its anti-mon ...