TD hit with more troubles The Financial Post reports in its Friday edition that fines against TD Bank tied to U.S. money-laundering probes may total as much as $4-billion (U.S.) following fresh allegations involving the lender, according to Jefferies analysts. A Bloomberg dispatch to the Post says that a former TD branch employee in Florida took a series of $200 (U.S.) bribes to help clients move millions of dollars to Colombia by skirting anti-money-laundering defences, prosecutors allege. In another recent case, a former branch employee in New York admitted to bypassing the bank's compliance measures to defraud a customer. TD is under investigation by the U.S. Department of Justice, bank regulators and the Treasury Department over allegations of money laundering and other financial crimes at several of the bank's U.S. branches. "While our previous estimate for the regulatory fines was at US$2 billion, given that a third AML issue has been reported, we now believe that this estimate could be low," Jefferies analysts led by John Aiken wrote in a report. "Although a US$4 billion fine does seem a bit high at this juncture, we cannot deny that it is still within the realm of possibilities, potentially eroding all of TD's current excess capital."