Reuters

Bank of America racked up $1.2 billion in penalties, settlements in 2022

NEW YORK, Feb 22 (Reuters) - Bank of America Corp (BofA) (BAC.N), opens new tab amassed $1.2 billion in expenses for litigation and regulatory investigations last year including fines and settlements, ...
CNN

TD Bank reaches $1.2 billion settlement in Ponzi scheme lawsuit

TD Bank will pay $1.2 billion to settle a lawsuit alleging its involvement in an infamous $7 billion Ponzi scheme orchestrated by disgraced financier Allen Stanford more than a decade ago.
The New York Times

TD Bank Agrees to Pay $1.2 Billion to Settle Ponzi Scheme Case

The Canadian lender settled claims arising from a scandal involving Stanford Financial, which collapsed in 2009 and cost ordinary investors some $7 billion. By Matthew Goldstein TD Bank, one of Canada ...
Wall Street Journal

Toronto-Dominion to Pay $1.2 Billion to Settle R. Allen Stanford Ponzi Litigation

Toronto-Dominion Bank on Friday agreed to pay $1.2 billion to settle claims stemming from the Canadian bank’s involvement in the Ponzi scheme perpetrated by convicted swindler R. Allen Stanford, ...