The US Office of the Comptroller of the Currency named TD Bank and Bank of Montreal among nine lenders accused of restricting banking access based on political or religious beliefs.
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The U.S. Office of the Comptroller of the Currency identified Bank of Montreal and TD Bank in a report on debanking activities. The review followed an executive order by President Donald Trump.
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The Toronto-Dominion Bank has secured authorization from Canadian regulators to repurchase up to C$10 billion in common shares, a move aimed at returning capital to shareholders.