Ex-CFO Says Royal Bank of Canada Manufactured Workplace-Romance Case September 6, 2024 By Christine Dobby Royal Bank of Canada’s former chief financial officer, fired over allegations she had an undisclosed personal relationship with another executive,...
Canada’s Five Biggest Banks to Require Their Employees to Be Fully Vaccinated August 23, 2021 By Nichola Saminather TORONTO – Canada’s five biggest banks are mandating that employees working from their offices must be fully vaccinated against COVID-19...
Hiscox Completes Legacy Reinsurance Deal with Enstar Group June 3, 2021 Bermuda-based specialist insurer Hiscox Ltd. has completed a loss portfolio transfer (LPT) agreement with Enstar Group Ltd., whereby Enstar’s Syndicate...
UK’s Aviva to Buy Royal Bank of Canada Unit for North America Expansion January 21, 2016 By Katherine Chiglinsky Aviva Plc, the U.K.’s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank...
Royal Bank of Canada Is Reviewing Future of Volatile P/C Insurance Unit March 11, 2015 By Doug Alexander Royal Bank of Canada is reviewing its domestic property and casualty insurance business, Chief Executive Officer David McKay said, citing...
RBC Facing $76 Million in Shareholder Claim Over Merger October 14, 2014 By Tom Hals A Delaware judge said Royal Bank of Canada must pay $75.8 million in damages to former shareholders of Rural/Metro because...
Big Banks Win Dismissal of Most LIBOR Rate Rigging Claims March 31, 2013 By Carrick Mollenkamp and Nate Raymond The world’s biggest banks won a major victory on Friday when a U.S. judge dismissed a “substantial portion” of the...