TD Suspends Growth Guidance in Wake of Historic Settlement

What You Need To Know

• Asked if the bank would consider U.S. divestitures, its CEO said “everything is on the table.”
• It recently agreed to pay almost $3.1 billion in fines and other penalties and faces a cap on its American assets.
• The bank is in the midst of reducing its U.S. assets by 10% to remain in compliance with the American asset cap.