RBC fires finance chief over secret relationship with employee who enjoyed promotions and pay rises Banking Royal Bank of Canada, the country's largest bank, has fired its chief financial officer after finding that she was in a secret personal relationship with another employee who received promotions and pay rises as a result.
HSBC plots special dividend after completing sale of Canadian business Banking HSBC said the deal will unlock "significant value" for the bank. Completion of the transaction will result in an estimated gain on sale of $4.9bn in HSBC's first quarter results.