Toronto-Dominion Bank (TD.TO, TD) has set aside an additional $2.6 billion as part of an anti-money laundering probe led by US regulators. The bank now has over $3 billion reserved to pay possible US compliance fines, as it has also sold off a portion of its stake in Charles Schwab (SCHW).

Julie Hyman and Josh Lipton report on the story.

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This post was written by Luke Carberry Mogan.