Report: TD Bank Close to Adding Compliance Monitors

TD Bank reportedly is working to select compliance monitors to track its progress on risk and controls and report to regulators, as ordered by the U.S. government in October.As the bank works on this process, U.S. CEO Leo Salom told staff this month during a town hall that TD Bank is committed to fixing its anti-money laundering (AML) and risk controls, that this is its top priority and that it has the resources to do so, Reuters reported Monday (Nov. 25), citing unnamed sources.Reached by PYMNTS, a TD Bank ...