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Banking, Canada, US

NEWS: Canada’s TD Bank accelerates insider Raymond Chun’s appointment as new CEO

TD Bank Group CEO Raymond Chun

By Manya Saini

TD BANK Group said on Friday CEO-designate Raymond Chun would be appointed to the role on February 1, months earlier than initially planned.

Last month, the Canadian bank warned of a challenging 2025 and suspended its medium-term earnings forecast as it works through its anti-money laundering remediation program following a U.S. regulatory probe.

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