TD nears guilty plea on criminal charges in money-laundering probe, WSJ says

TD Bank is nearing a possible guilty plea to criminal charges that its U.S. retail bank failed to curb a rash of money laundering tied to Chinese crime groups and illicit fentanyl sales, The Wall Street Journal’s Dylan Tokar, Justin Baer and Vipal Monga report, citing people familiar with the matter. TD is in talks with U.S. federal prosecutors over the potential agreement, and its U.S. retail arm is expected to enter a plea in the next two weeks, the people said.