Charles Schwab Shares Drop Over 4% After-Hours As TD Bank Cuts Stake Following $2.6B Anti-Money Laundering Fine Provision
Benzinga
2024-08-22
Views 2.2K
Charles Schwab shares fell by over 4% in after-hours after Toronto-Dominion Bank reduced its stake in the Texas-based stock broker. It also announced that it is setting aside a further $2.6 billion to cover potential fines related to deficiencies in its anti-money laundering program.
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