UPDATE 1-RBC, TD Bank to pay C$24.5 mln to settle forex trading charges -regulator
August 30, 2019 at 11:10 AM EDT
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.