The Royal Bank of Canada (RBC), Canada's largest bank, has terminated its Chief Financial Officer, Nadine Ahn, and the involved employee after an investigation revealed an undisclosed personal relationship between them, leading to preferential treatment including promotion and compensation increases for the involved employee. Katherine Gibson has been appointed as the interim CFO effective immediately, following Ahn's departure. This decision comes at a critical juncture for RBC as it embarks on integrating its $10.1 billion acquisition of HSBC's Canadian business, marked with the stock symbol $RY.
Canada's largest bank fires CFO over undisclosed 'close personal relationship' with colleague https://t.co/XbZdzSyTKp https://t.co/bCU43hhx9z
Shock firing of Royal Bank CFO comes at crucial time for Canada's largest bank https://t.co/E4J11ebT4P https://t.co/fMrx0a6YMe
“Office relationships are against company policy” The RBC VP who slept with RBC’s CFO: https://t.co/UcxPdbg9n9
Undisclosed relationship...’ - RBC CFO FIRED! Who is 'Sacked' Nadine Ahn, terminated by Royal Bank of Canada https://t.co/0wOEkc9HPG
Royal Bank of Canada Terminates CFO Nadine Ahn Amid Misconduct Allegations- Check Details https://t.co/yRZ0GieDgT
#ItsViral | Who is Nadine Ahn? 7 points on ex-CFO of Royal Bank Of Canada fired over 'undisclosed relationship' https://t.co/Yi8a11BKd2 https://t.co/f2MkeqolrN
Royal Bank Of Canada Fires CFO Over ''Undisclosed Close Relationship'' With Another Employee https://t.co/kYlZ8qqYeF https://t.co/H57qHPzbs6
This Canadian bank sacked top woman executive for undisclosed relationship at work: ‘Found evidence…’ https://t.co/LjSDDMbbs9 https://t.co/xOPxmfJ3GI
Royal Bank of Canada let its CFO go as it embarks on the integration of its $10.1 billion acquisition of HSBC’s Canadian business https://t.co/IceGT71MsD via @WSJ @kcbroughton @vipalmonga
The sudden exit of RBC's chief financial officer comes at a “critical juncture” for the lender as it tries to absorb the biggest acquisition in its history, a leading Wall Street analyst says https://t.co/9VQcttcsfq
Terminated RBC chief financial officer stands to lose millions in pay /via @globeandmail https://t.co/zoXK22Lg6D
Terminated RBC chief financial officer stands to lose millions in pay https://t.co/CIY3k1ZzlR
RBC terminated CFO after complaint sparked probe of relationship with VP, sources say https://t.co/4stum9qlgN
Howard Levitt: RBC account of CFO's firing suggests bank could avoid paying severance https://t.co/Hto72xjX36 https://t.co/5tgkpVg2jU
RBC terminates Nadine Ahn as CFO following probe into personal relationship https://t.co/SXHLeN0H6A https://t.co/L2Ls2RYyoq
"Concentration Of The S&P 500 In The Top 5 Stocks Is Stalling Around Post-COVID Highs" - RBC https://t.co/hlfRTPwaBI
Paul Deegan: Dismissal of Royal Bank CFO is no run-of-the-mill firing https://t.co/m65tEThmGn https://t.co/Iw0AX31TPf
Royal Bank of Canada fires finance boss over undisclosed relationship https://t.co/YuKVscV6tS https://t.co/cSQ7pozxqK
RBC terminates CFO after preferential treatment for VP in undisclosed relationship: sources https://t.co/SyviRDjSIL
RBC fires female CFO over secret relationship with employee https://t.co/vxUsr0QL4r via @MailOnline
RBC fires female CFO Nadine Ahn over secret relationship with employee who received promotions and bigger pay https://t.co/KrXEuFrlud https://t.co/1rnCHwL7FS
CANADA’S LARGEST BANK RBC HAS FIRED ITS CFO NADINE AHN THE BANK BECAME AWARE OF HER HAVING UNDISCLOSED CLOSE PERSONAL RELATIONSHIP WITH ANOTHER EMPLOYEE WHICH LED TO PREFERENTIAL TREATMENT OF HIM INCLUDING PROMOTION AND COMPENSATION INCREASES BOTH HAVE BEEN FIRED $RY https://t.co/C5sLYTU8xG
Royal Bank of Canada $RY appointed Katherine Gibson as interim CFO effective immediately, following the departure of Nadine Ahn RBC said it became aware of "allegations" against Ahn and launched an investigation that found she violated the bank's code of conduct by having an…
RBC fires CFO after investigating "undisclosed" personal relationship with employee https://t.co/N7DxXt3Noh
#RoyalBankOfCanada fires #CFO over undisclosed relationship https://t.co/iZmzjG1PrI