Saturday, October 27, 2007

RBC Rejects Ex-Trader's Claim on Bond Pricing

The Globe and Mail, Tara Perkins, 27 October 2007Royal Bank of Canada, accused of ignoring complaints that traders were improperly valuing bonds, says it investigated matters within days and has found that its employees were not deliberately mispricing securities.The complaints that it acted on came from Gregory O'Connor, a 44-year-old towering former college football player from California who

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