SCHW-SCHWAB CHARLES CORP

Toronto-Dominion Bank to Sell Entire Stake in Charles Schwab Corp as Part of Strategic Overhaul After Money-Laundering Settlement

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Monday

17 February, 2025

Toronto-Dominion Bank's decision to divest its entire stake in Charles Schwab Corp. comes on the heels of a significant money-laundering settlement, raising questions about investor confidence. Can Schwab's strong fundamentals and ongoing share repurchase program counterbalance the potential market impact of this major shareholder exit?

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