Banks Need Competition – Liberals are uncooperative, hostile
Royal Bank Corruption RBC faces tough questions over Panama connections Two days after an unprecedented leak linked some of the world’s largest lenders to alleged tax evasion and money laundering, Royal Bank of Canada went on the defensive over its ties to a Panama-based law firm used to set up offshore tax havens. The leaked documents, now known as the Panama Papers, stole the show at RBC’s annual meeting in Montreal on Wednesday. Chief executive officer Dave McKay faced a chorus of questions about the bank’s relationship with law firm Mossack Fonseca, through which the bank allegedly registered 378...
Royal Bank Corruption RBC faces tough questions over Panama connections Two days after an unprecedented leak linked some of the world’s largest lenders to alleged tax evasion and money laundering, Royal Bank of Canada went on the defensive over...
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