Stefanie Marotta

#BREAKING: TD Bank is booking a provision of US$450-million stemming from a lengthy probe by U.S. regulatory and law enforcement that derailed the bank’s takeover of Tennessee-based First Horizon last spring. https://t.co/ItBMw217Ac $TD #banking #AML

Scoop with details on RBC's termination of its CFO. A staff complaint sparked an investigation that concluded the CFO influenced promotions and pay raises of a VP in the treasury department while having an undisclosed personal relationship with him. https://t.co/uaQQJyqMy0 $RY

RBC has terminated its CFO Nadine Ahn after an investigation revealed that she had a personal relationship with another employee that led to preferential treatment. https://t.co/QSeDqP2WBX $RY #banking

I wrote about how Canada's big banks are setting the stage for CEO succession. And the coming shakeups do not include any women as candidates. In today's @globeandmail: https://t.co/MUW2oHRZd3 $RBC $TD $CM #CIBC #TD #RBC $BMO $BNS #Scotia #BMO

RT @stevenchase: I asked the New Zealand government for on-the-record comment at 6:21 pm ET tonight. Got a full response at 6:50 pm ET. W…

TD Bank CEO Bharat Masrani took a $1-million cut to his bonus pay in 2023 in response to the terminated takeover of First Horizon Corp. and the U.S. regulatory and law enforcement probe into weaknesses in the bank’s anti-money laundering practices. https://t.co/kQeWOAA3Vq $TD

EXCLUSIVE: I spoke with CIBC CEO Victor Dodig about the bank's leadership shakeup, aimed at developing senior executives and bolstering the lender’s growth strategy as he and the board set the stage for eventual succession. Latest for @globeandmail: https://t.co/tbLnS8sWfW $CM

Royal Bank of Canada is rejigging its strategy in the United States after a year of underperformance at Los Angeles-based City National Bank. https://t.co/1oFxjBlHzj $RY #US #banking #RBC

RT @EmmaLGraney: RBC plans cost cutting to turn around struggling City National Bank. Via my pal @StefanieMarotta https://t.co/RGNirfQfv9 #…

TD Bank CEO Bharat Masrani said the bank has identified the weaknesses in its anti-money laundering procedures, and that the lender is investing heavily in improving those processes. Today's bank earnings coverage in the @globeandmail: https://t.co/Zs5Pb6Qb4x $TD

Scotiabank and Bank of Montreal expect loan-loss reserves to climb amid tougher economic conditions, with relief on the horizon if central banks cut interest rates later this year. My latest on this week's bank earnings: https://t.co/QQ2Oa46Xut $BNS $BMO #BMO @globeandmail

Scotiabank is launching the first majority Indigenous-owned investment dealer in Canada through an agreement with two Indigenous development corporations and one First Nation. Latest in the @globeandmail: https://t.co/vyvcBMA6A2 $BNS #banking #Scotia

Bank of Nova Scotia head of global banking and markets Jake Lawrence is leaving the lender after more than two decades to join Power Corp. of Canada. https://t.co/hTeIdPRSmp #scotiabank $bns

RT @alexposadzki: SCOOP from me, @StefanieMarotta & @jembradshaw: Globalive founder Anthony Lacavera leading bid to buy embattled Wealth O…

I was on @globeandmail's daily podcast The Decibel to discuss the scoop that @RitaTrichur and I reported on TD Bank's anti-money laundering practices. FINTRAC is preparing to impose a monetary penalty on TD after a review found faulty AML controls: https://t.co/8FHfvXY5mn $TD

SCOOP from me and @RitaTrichur: TD Bank is set to get a significant monetary penalty from Canada’s financial-crimes watchdog after a review found the lender had faulty anti-money-laundering controls, according to sources. https://t.co/C0RFFMxu8a $TD #FINTRAC #AML

RT @RitaTrichur: Exclusive by @StefanieMarotta and me TD Bank faces stiff penalty from FinTRAC for faulty controls to prevent money launde…