Shares of TD Bank (TD) are sinking after the Canadian bank has agreed to pay over $3 billion in penalties and accept limits on its growth as part of a settlement with US regulators over a money laundering investigation. It is the largest civil penalty against a bank in the history of the US Treasury Department.

Market Domination Hosts Julie Hyman and Josh Lipton report more on the story and how it adds to the turmoil already facing the bank.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written and updated by Melanie Riehl