Royal Bank of Canada and
Toronto-Dominion Bank have agreed to pay a combined
C$24.5 million ($18.5 million) to settle charges of foreign
exchange trading malpractices brought against the Canadian banks
by a regulator, following a settlement hearing held on Friday.
Russia's state development bank
VEB plans to buy what it described as a blocking stake in
Blagosostoyanie, one of the country's biggest pension funds that
is not involved in managing state pensions, the bank's chairman
said on Friday.