TD Bank is shifting its ranks, designating Chris Ward as its new U.S. lead for small business banking to support entreprenuers nationwide.

Chris Ward joined TD last year after seven years at Bank of America. Now he takes on a new role, for him and TD, as its head of U.S. small business.

In addition, an asset cap of US$434B was placed on the total assets of the bank's two U.S. banking subsidiaries — TD Bank, NA, and TD Bank USA, NA.

Industry veteran Chris Ward has been tapped to lead the Canadian bank's new U.S. small-business banking department. "It's absolutely a growth opportunity," he said.

(RTTNews) - TD Bank (TD, TD.TO) has agreed to pay around US$3.09 billion in fines to U.S. authorities and has pleaded guilty to charges related to money laundering in a case brought by federal ...

TD appointed Michelle Myers as its global chief auditor, effective Dec. 9, it said on Friday. Along with the fines, U.S. regulators punished TD with a rare asset cap that limits the bank's growth.

The settlement also means that the total assets of TD's two US banking subsidiaries (TD Bank, NA and TD Bank USA, NA) cannot exceed $434 billion and they will face more stringent scrutiny of new ...

TD Bank also had to hire a monitor as part of a 2024 deal that saw the Canadian firm become the largest bank in U.S. history to plead guilty to violating a federal anti-money laundering law.

TD Bank says it is answering the objections of consumers who said they prefer simplicity over credit card terms that can seem complex by launching two cards: one that eliminates interest, and another ...

TD Bank HELOCs have a maximum borrowing limit of 89.99% of the value of your home, minus any remaining mortgage balance. There is a $99 origination fee and a $50 annual fee.