Royal unit struggles for settlement

Article Abstract:

The Royal Bank of Canada continues to try to negotiate a settlement with the Ontario Securities Commission over RT Capital Management's stock price manipulation scandal. Air Canada, one of the bank's largest clients, announced it may pull out.

author: Blackwell, Richard, McNish, Jacquie
Strategy & planning, Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Planning, Airlines, Air Canada

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OSC prepared to deal with RT

Article Abstract:

Ontario Securities Commission director Charlie Macfarlane says he is willing to negotiate individual settlements with the RT Capital Management directors and employees who have been charged with stock manipulation.

author: Blackwell, Richard, McNish, Jacquie
Investment Banking and Securities Dealing, Investment Banking, Security brokers and dealers, Investment banks, Investigations, Macfarlane, Charlie

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OSC, Royal unit close to a deal

Article Abstract:

The case of stock price manipulationn by RT Capital Management Inc., the pension management arm of Royal Bank of Canada is close to being settled by the Ontario Securities Commission.

author: Blackwell, Richard
Securities fraud

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subjects list: Banking industry, Commercial banks, Canada, Cases, Royal Bank of Canada, RY, Ontario. Securities Commission, RT Capital Management Inc., Pension funds
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