TD Bank prioritizes anti-money laundering and compliance measures

Toronto-Dominion Bank's new CEO, Raymond Chun, spoke at the 23rd Annual Financial Services Conference on March 25, 2025. This was his first major public appearance since taking on the role in February after serving as COO. Chun emphasized that his main focus is on anti-money laundering (AML) efforts. He mentioned that addressing these issues is a top priority for all leaders at TD Bank. The bank is dedicating significant resources to improve its AML practices. In addition to AML, Chun is conducting a comprehensive strategic review of the bank's operations. He reported that this process is about two-thirds complete and will help shape the bank's future direction. Chun also highlighted the importance of engaging with clients to understand their needs and feedback. He plans to spend time with customers and colleagues, gathering insights to guide the bank's actions moving forward.