Big news from TD Bank in Canada! They had some trouble with stopping money laundering (that's when bad guys hide money from the police). This caused big problems and changes for the bank.
- The bank's CEO got a big salary, but other leaders had their pay cut.
- TD Bank had to pay a huge fine for breaking the law.
- The bank is hiring lots of new people to help them follow the rules better.
| Person | Salary (in millions of US dollars) |
|---|---|
| New CEO (Chun) | 7.88 |
| Old CEO (Masrani) | 1.5 |
| U.S. head (Salom) | 3.51 |
This is a story about how important it is for banks to follow rules about money, even if it means big changes. It doesn't directly relate to cryptocurrency.
