TD Bank has announced the launch of a restructuring initiative, aimed at enhancing operational efficiency and reducing costs. The restructuring is expected to yield annual savings between C$550m ...

TD Bank Group said Thursday it is cutting about 2% of its workforce in an effort to save roughly $600 million a year, as part of a restructuring that began in the second quarter. The bank announced ...

(Reuters) -TD Bank on Thursday said it would lay off 2% of its workforce to cut costs and scale up its digital and AI investments, as the bank restructures following its historic anti-money ...

TORONTO - TD Bank Group said Thursday that it’s cutting about two per cent of its workforce as the bank works to reduce costs and refocus spending under new leadership. Updated May 22, 2025 at ...

Andrew Jensen joined the Canadian lender last year as global head of sanctions. Jensen will maintain those duties, too, when ...

TD Bank Group announces 2% workforce reduction amid restructuring efforts following anti-money laundering penalties. ... One of TD Bank's top lawyers leaves to join big Philadelphia firm.

The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran. The portfolio, meanwhile, is tied to its U.S. point-of-sale financing ...

Toronto-Dominion Bank is expecting to cut about two per cent of its workforce as part of a new restructuring program it initiated in the second quarter this year. The goal is to “reduce its cost base ...

Toronto-Dominion Bank said it will cut about 2% of its workforce as part of a restructuring program begun in the second quarter following its historic anti-money laundering settlement.

Canada's TD Bank to Lay off 2% of Workforce in Restructuring. By Reuters | May 22, 2025. By ... -TD Bank on Thursday said it would lay off 2% of its workforce to cut costs and scale up its digital ...