Bharat Masrani

Bharat Masrani

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Bharat Masrani is the former Chief Executive Officer of Toronto-Dominion Bank (TD), a position he held from 2014 until his recent resignation. Under his leadership, TD expanded its operations significantly, particularly in the U.S. market, and was recognized for its strong retail banking presence in Canada. Masrani's tenure has seen both growth and challenges, including regulatory scrutiny related to anti-money laundering practices.

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Recent news mentions

TD suffered through a cultural erosion during the tenure of its previous CEO, Bharat Masrani.

TD Bank’s new CEO is ready to unveil his strategy. Bay Street is watching
The Globe and Mail·CanadaCanada· 2025-09-29
3.0

Ray Chun took over from Bharat Masrani at the height of the bank's most significant crisis in its history.

Trump’s new tax bill, Canada Post union announces overtime ban and the G7 finance summit in Alberta: Business and investing stories for the week of May 25
The Globe and Mail·CanadaCanada· 2025-05-25
5.0

Bharat Masrani announced his departure as CEO of TD Bank, paving the way for Raymond Chun's ascension.

TD’s new CEO Raymond Chun faces the mountainous task of rebuilding trust
The Globe and Mail·CanadaCanada· 2025-05-24
6.0

Bharat Masrani is the former chief executive officer of Toronto-Dominion Bank who received no bonus or stock awards due to the bank's penalties.

Opinion: At TD, incentive pay rose as the bank excluded the cost of U.S. penalties from profit calculations
The Globe and Mail·CanadaCanada· 2025-04-10
4.0

TD slashed Mr. Masrani’s pay in 2024 in the fallout of the anti-money laundering investigation by U.S. regulators.

Total pay for Big Six bank CEOs rose last year, even with declines at TD and BMO
The Globe and Mail·CanadaCanada· 2025-03-07
5.0

Bharat Masrani was the chief executive officer of TD Bank who stepped down amid accountability pressures for the bank's failures.

TD Bank gives U.S. head $2-million retention award
The Globe and Mail·CanadaCanada· 2025-03-04
3.0

Bharat Masrani is the CEO of TD Bank who announced his departure amid the bank's compliance issues.

TD Bank appoints compliance monitor after US$3-billion penalty around anti-money laundering controls
The Globe and Mail·CanadaCanada· 2025-02-28
5.0

Bharat Masrani is the current chief executive officer of TD Bank, set to be succeeded by Raymond Chun.

TD’s impressive stock rebound should not be so surprising
The Globe and Mail·CanadaCanada· 2025-02-15
5.0

Bharat Masrani stepped down from his position as CEO of TD earlier than planned.

TD CEO says proceeds from $20-billion Charles Schwab sale will be used to compete for more business in Canada
The Globe and Mail·CanadaCanada· 2025-02-11
5.0