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TD chief operating officer Turan to depart after less than a year
Source: The Globe and Mail
Banking & LiquidityRegulation & LegislationLegal & LitigationCompany Fundamentals
TD’s COO Taylan Turan is departing after under a year, following failures in the bank’s anti-money-laundering (AML) procedures while it pursued a transformation strategy. The leadership change reflects ongoing compliance/regulatory pressure tied to AML shortcomings, a likely headwind for near-term execution and risk controls.
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