RT Capital to reimburse clients

Article Abstract:

The Royal Bank of Canada's pension management arm is informing clients that reimbursement will come as compensation for the excess fees and stock prices due to a stock manipulation scheme that was exposed by regulators. One of RT Capital Management Inc.'s largest customers, Alcan Aluminium Ltd., has already announced it may withdraw its pension assets because of the scandal.

United Kingdom, Receipt of funds, Use of Funds, Primary aluminum, Aluminum, Primary Aluminum Production, Finance, Aluminum industry, Aluminum products, Royal Bank of Canada, RY, Alcan Aluminium (U.K.) Ltd.

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Banker beats the bank

Article Abstract:

Toronto Dominion Bank has been sued by a former vice-president for wrongful dismissal in a $2 million lawsuit. John Schumacher, a former vice-president at Toronto Dominion's securities division, won a victory when the Supreme Court of Canada allowed the suit to proceed.

Cases, Canada. Supreme Court, Toronto Dominion Bank

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Milton faces fight-or-flight dilemma

Article Abstract:

A look at whether or not Robert Milton will stay on as Air Canada's CEO is presented.

Management dynamics, Executive changes & profiles, Management, Officials and employees, Airlines, Airline employees, Company business management, Air Canada, Milton, Robert

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