Can TD's New CEO Fix Their $Billion++ Troubles? (I Hope So)

The Beavis Wealth Podcast

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In this episode, TD Bank names Raymond Chun as its new CEO amid a $3-4 billion scandal related to anti-money-laundering issues in the U.S. With CEO Bharat Masrani stepping down, all eyes are on Chun to resolve the bank's U.S. regulatory challenges and lead its recovery.

Also in this episode:

🗣️ The Federal Reserve’s recent rate cut could be a warning sign for the U.S. economy, as past cuts have often preceded recessions.

🏡 The Canadian housing market remains in a holding pattern, with buyers awaiting lower interest rates, despite a slight rise in sales last month.

🏢 Canadian employers are pushing for more in-office work, with many now requiring employees to return at least three days a week, sparking resistance from unions.

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