Posted AT 12:00 AM EST on 22/08/08
RBC, U.S. watchdogs talk securities settlement
NEW YORK
Royal Bank of Canada is in settlement talks with U.S. regulators over its role in the troubled $330-billion (U.S.) auction-rate securities market, a move that will likely result in the bank repurchasing some of these investments from retail clients.
The full text of this article has 641 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now



