KM Financial Solutions | UPDATE 1-RBC, TD Bank to pay C$24.5 mln to settle forex trading charges -regulator
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UPDATE 1-RBC, TD Bank to pay C$24.5 mln to settle forex trading charges -regulator

UPDATE 1-RBC, TD Bank to pay C$24.5 mln to settle forex trading charges -regulator

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.

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