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In this episode, previous RBC CFO Nadine Ahn takes legal action against the bank for wrongful dismissal, claiming her termination over an undisclosed relationship unjustly ended her 25-year profession and stained her credibility. RBC denies the accusations, asserting a significant breach of their Standard procedure.
Likewise in this episode:
Canadian realty insolvencies rise as rising costs cripple designers, threatening more insolvencies.
Financiers slash equity exposure amidst market volatility, reflecting worries of a looming U.S. economic crisis.
Scotiabank makes a vibrant move into the U.S. market, obtaining a significant stake in KeyCorp for $2.8 billion.
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It takes two to tango, but, only one gets fired.
He clearly said they both got fired..
Thank you Marc for your
explanation of the Scotiabank
acquisition and the Royal
Bank dismissal.
Oh no! A banker executive having a rough few days because they broke the rules and got caught… 🙄😒
Great, now my banking fees are going up with this big puppy win or lose lol.
Thanks for the great video Marc. I appreciate it
Sleep your way to the top. This cannot be allowed
hmm. still no story on A&W…how about, a show on ‘factor’ investing…OR on LUG, which just DOUBLED its dividend! DOUBLED!!!
The insolvencies are concerning. Not just because I own SRU.UN, but it is a harbinger of a bursting of the real estate balloon..
Appreciate your updates. Thank you Marc.
The former RBC exec will get paid a huge settlement which won’t be disclosed publicly. That’s my prediction. Her argument that her ability to earn a living has been significantly damaged,is a legitimate one. Whether anyone wants to hear it or not,this lady is not going to be able to replace her position,or salary in any new company. That’s even IF she can get hired elsewhere.
ya but she did it to herself. why should ANYONE else take responsibility for HER actions???
RBC is going to have to pay $$$$$
neither deserves millions either way. if anything suing RBC and exposing yourself is what lost you your reputation. oh and also sleeping around in the workplace. not usually a rep boost. what an embarrassment to women.
Yikes. Entitlement at its best. She did it to herself, why does she deserve millions for ruining her own reputation? That’s unclear to me… I mean millions of Canadian dollars for sleeping with your colleague and lying about it? that’s a joke! Don’t get a professional job if you’re not willing to be professional.