The Globe and Mail reports in its Tuesday edition that Stuart Davis, a financial crimes expert who advised TD Bank as it worked to strengthen its anti-money-laundering controls amid U.S. probes, has left the bank as his contract came to an end. The Globe's Alexandra Posadzki and Stefanie Marotta write that Mr. Davis, an American with decades of experience in anti-money-laundering and regulatory risk management, joined TD last summer as an adviser to chief risk officer Ajai Bambawale. At the time, the bank described his position as a short-term contract. Mr. Davis's appointment came as TD navigated investigations by U.S. regulators and the Department of Justice. Last fall, the lender became the first bank in U.S. history to plead guilty to conspiracy to commit money laundering after a decade of moving money for drug cartels and criminal organizations. Mr. Davis's departure comes as TD's new chief anti-money-laundering officer Jacqueline Sanjuas makes changes to the bank's financial crime risk management group. Last week, she announced the departure of three executives from the group. Ms. Sanjuas has restructured the unit to focus on "simplifying the financial crime risk operating model," according to an internal memo.