Stavridis will be tasked with strategy, performance and results for the financial intelligence unit in Canada. In October, TD Bank became the largest bank in U.S. history to plead guilty to violating a federal law aimed at preventing money laundering, and agreed to pay over $3 billion in penalties to resolve the charges. As a part of the process to fix its compliance and risk program, TD hired a number of senior executives including Herb Mazariegos, its chief global anti-money-laundering officer from BMO, senior U.S. Federal Bureau of Investigations and U.S. Department of Homeland Security officials, Marcy Forman and Jacqueline Sanjuas from Citi, and several others. In 2013, HSBC Holdings Plc (LON: HSBA ) was fined $1.92 billion by federal and state investigators in the U.S. on charges it flouted rules designed to stop money laundering and thwart transactions with countries under U.S. sanctions.