Why Charles Schwab Shares Are Moving Lower Thursday
Why Charles Schwab Shares Are Moving Lower Thursday
"We recognize the seriousness of our U.S. AML program deficiencies and the work required to meet our obligations and responsibilities is of paramount importance," TD CEO Charles Schwab (NYSE:SCHW) stock is trading lower on Thursday after TD Bank sold 40.50 million shares of Schwab common stock, worth about $2.6 billion as of Wednesday, reducing its ownership interest from 12.3% to 10.1%
周四，TD银行出售了4050万股的Schwab普通股，价值约26亿美元，降低了其持有比例，从12.3％降至10.1％，导致Charles Schwab（纽交所SCHW）股票下跌。
According to Reuters, TD Bank is anticipating penalties from United States regulatory probes related to inadequacies in its anti-money laundering program. The sale of Schwab stock is intended to help mitigate the expected financial impact of these penalties.
据路透社报道，TD银行预计会因其反洗钱计划的不足而面临美国监管机构的处罚，出售Schwab股票旨在帮助减轻预期的财务影响。
The United States regulatory probes connects to allegations that Chinese drug traffickers used TD to launder approximately $650 million from 2016 through 2021. In addition, a bank employee took bribes which furthered the laundering of drug money.
美国监管机构的调查与指控有关，指控中国贩毒团伙利用TD进行洗钱活动，从2016年到2021年期间，洗钱金额约为6500万美元。此外，一名银行员工受贿，进一步助长了洗钱活动。
"We recognize the seriousness of our U.S. AML program deficiencies and the work required to meet our obligations and responsibilities is of paramount importance," TD CEO Bharat Masrani said in a statement. "Our remediation program is well underway. TD has strengthened its U.S. AML program."
TD首席执行官巴拉特·马斯拉尼在一份声明中表示：“我们认识到美国反洗钱计划的缺陷的严重性，履行我们的义务和责任的工作至关重要。我们的纠正计划正在积极推进。TD已经加强了其美国反洗钱计划。”
The U.S. regulatory probes are set to come to a resolution by the end of the year. The bank could face monetary and non-monetary consequences. Analysts expect that non-monetary consequences could mean restrictions on either natural growth or acquisitions for possibly years to come per Yahoo Finance.
美国监管机构预计将在年底前作出解决方案，银行可能面临金钱和非金钱方面的后果。分析师预计，非金钱方面的后果可能意味着在未来几年里，可能会有自然增长或并购方面的限制，正如雅虎财经所述。
"The big question remains: What could the non-monetary penalties be? Hard to tell at this point in time," Desjardins Capital Markets analyst Doug Young said in a report. "And we highly doubt that management will comment on this right now."
“现在的关键问题是：非金钱处罚将会是什么？目前很难说，”德夏银行资本市场分析师道格·杨在一份报告中表示。“我们非常怀疑管理层此时会对此发表评论。”
Separately, Jefferies Financial Group Inc. analyst John Aiken said in a note to clients, "While the market now has certainty surrounding the amount of the charge, this is offset by the fact that it is larger than expectations and the impact this has on capital. The valuation impact will hinge on tomorrow's earnings, but it is already behind the eight-ball."
与此同时，杰富瑞金融集团分析师约翰·艾肯在一份给客户的报告中表示：“尽管市场现在已经确定了责任金额，但这抵消了它大于预期的程度以及对资本的影响。估值影响将取决于明天的收益，但它已经处于不利地位。”
Related Link: Why Is Bank of Hawaii Down 6.3% Since Last Earnings Report?
相关链接：为什么夏威夷银行报告发布以来下跌了6.3%？
SCHW Price Action: At the time of publication, Schwab stock is moving 0.76% lower at $64.07 per data from Benzinga Pro.
股价走势：发布时，嘉信理财股票下跌0.76%，报64.07美元，数据来自彭博专业版。
Image: Photo via Shutterstock
图像：通过shutterstock拍摄
