Royal Bank of Canada has appointed Katherine Gibson as interim Chief Financial Officer after the departure of Nadine Ahn. Ahn was found to have violated the bank's code of conduct by having an undisclosed personal relationship with another employee, leading to preferential treatment. The investigation found no misconduct in relation to the bank's financial statements or performance.
FILE PHOTO: A Royal Bank of Canada logo is seen on Bay Street in the heart of the financial district in Toronto -Royal Bank of Canada on Friday said it appointed Katherine Gibson as interim Chief Financial Officer, effective immediately, following the departure of Nadine Ahn.
The investigation found no evidence of misconduct by the former CFO or the other employee in regards to the bank's previously issued financial statements, RBC's strategy, or its financial or business performance, the bank added. -- Prime Minister Justin Trudeau said his government will have news to announce on mortgages in Canada in the upcoming April 16 budget, but did not provide further details.Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTexas Toll Road Takeover to Cost Taxpayers at Least $1.
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