Regulators' concern over TD anti-money-laundering practices helped scuttle First Horizon deal - WSJ

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The banks ended their proposed merger last week, citing a lack of clarity on when they would get regulatory approvals

The major averages were little changed on Monday while regional banks returned gains throughout the trading session.he Federal Reserve said that banks reported tighter standards and weaker demand for commercial and industrial loans in the first quarter, extending a trend that began before recent stresses in the banking sector emerged. Bloomberg's Michael McKee reports. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.

The man who threw gravel at Justin Trudeau during a federal election campaign stop in London, Ont., in 2021 was sentenced Monday to 90 days of house arrest and a year of probation. Ontario court Justice Kevin McHugh said Shane Marshall's actions were the "manifestation of mob mentality" that threatened Trudeau's safety, and the safety and security of Canadians. "His actions were anti-democratic and need to be denounced in the strongest terms," McHugh said.

 

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