RBC Scandal: Former Executives Deny Affair Amid Lawsuit Over Alleged Improper Relationship
Esther Luz Esther Luz

RBC Scandal: Former Executives Deny Affair Amid Lawsuit Over Alleged Improper Relationship

Former Royal Bank of Canada executives, Nadine Ahn and Ken Mason, are embroiled in controversy following allegations of an intimate relationship that both have denied. Ahn, the former CFO, and Mason, a former vice president in the treasury team, have sued RBC for wrongful dismissal after their terminations, which the bank justified by claiming the pair had a secret romantic relationship.

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Hong Kong Bankers Earning 70% More than Singapore Peers, with Layoff Risks
Esther Luz Esther Luz

Hong Kong Bankers Earning 70% More than Singapore Peers, with Layoff Risks

Bankers in Hong Kong are making as much as 70% more than their counterparts in Singapore, although it comes with elevated risk. Hong Kong recently increased its income tax to 15% for those making over $640,000, still 7% lower than Singapore, where the tax rate reaches 22% for individuals earning above $237,000, even at a much lower threshold.

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Filippo Gori Brings Collaborative Leadership to JPMorgan's Banking Division
Esther Luz Esther Luz

Filippo Gori Brings Collaborative Leadership to JPMorgan's Banking Division

Filippo Gori, recently named co-head of banking at JPMorgan Chase, quickly gained favor within the bank. “He’s one of our top talents—young and energetic,” said a senior insider, highlighting Gori’s appeal. Gori is expected to introduce a leadership approach that contrasts with the hard-driving style associated with Vis Raghavan, his predecessor.

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