A tribunal judge ruled earlier this year that Royal Bank of Canada (RBC) fired a trader for blowing the whistle on poor regulatory compliance, and poured scorn on the bank’s application of its whistleblowing policy in his judgment.
Former RBC trader John Banerjee took the bank to the Central London Employment Tribunal, arguing that he was dismissed for lifting the lid on failings.
He was hired in June 2015 in London to build out the bank’s business in emerging-market currencies, making millions, but was dismissed in August 2016.
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