TD Bank, HSBC Asked by New York to Reform Customer Screening
- Schneiderman sends letters to almost 100 banks in New York
- Request follows agreements with Chase, Citibank, Capital One
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New York’s attorney general called on more than 90 banks, including units of Toronto-Dominion Bank and HSBC Holdings Plc, to revamp customer screening procedures in order to give poor people better access to financial services.
Following agreements with several major banks to change how they use screening tools, Attorney General Eric Schneiderman sent letters Monday urging other financial institutions to adopt new standards.