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FILE PHOTO: The Toronto Dominion (TD) bank logo is seen on a building in Toronto, Ontario, Canada March 16, 2017.

REUTERS/Chris Helgren/File Photo

TD Bank guilty of money laundering

Two US subsidiaries of Canada’s second-biggest bank agreed last week to pay $3 billion US in fines, pleading guilty to conspiring to money laundering in the United States and giving the bank a huge black eye.

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