TD Bank sets aside $2.6 bln more for US anti-money laundering penalties, lowers Schwab stake

TORONTO, Aug 21 (Reuters) - Canada's TD Bank Group (TD.TO), opens new tab said it would set aside $2.6 billion more for penalties related to U.S. regulatory probes into deficiencies in its anti-money laundering program and it would sell part of its stake in Charles Schwab (SCHW.N), opens new tab to offset the financial impact.
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