TD Bank Group announced on Friday that CEO-designate Raymond Chun would be appointed to the role on February 1st, months earlier than initially planned, and slashed the salary of 41 executives, including its outgoing chief. In December, the Canadian bank warned of a challenging 2025 and suspended its medium-term earnings forecast as it works through its anti-money laundering remediation program following a U.S. regulatory probe. Anne Gaviola has the story.
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TD Bank speeds up CEO replacement, slashes 41 executive salaries
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