The Financial Post reports in its Thursday edition that TD Bank paid former chief executive Bharat Masrani $3-million last year to advise on its anti-money-laundering (AML) remediation efforts. A Bloomberg dispatch to the Post says Mr. Masrani, who was succeeded by Raymond Chun in February, 2025, "continues to receive certain health and other benefits, office and administrative support," TD said Tuesday. Mr. Masrani's total compensation for the year was $3.6-million. Mr. Chun, meanwhile, received $14.6-million in total compensation. His direct pay was $2.3-million above target, with the board citing his renewed strategy, "intense focus on remediation" and accountability, among other things, said TD. That is a sharp increase from the $1.6-million Mr. Masrani was paid in 2024, when he received almost no variable compensation beyond his base salary.