RBC fights £13 million whistleblower claim

Ex-trader John Banerjee is suing RBC for unfair dismissal and aims to claim whistleblower status

competitive-business-boxing-suit
RBC spokesperson: “We believe this claim to be without merit and are vigorously defending our position”

The Royal Bank of Canada is fighting an unfair dismissal and whistleblower claim made by former employee John Banerjee, who says that the bank fired him in 2016 as a result of his attempts to highlight operational failures and a culture of box-ticking.

Banerjee, who joined RBC in June 2015 from Jefferies, also claims that Ed Monaghan, RBC’s then global head of FX trading, attempted to bribe him in exchange for not pushing for an investigation into an unexecuted stop loss and a call order in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: