Royal Bank of Canada has been ordered to pay more than £1m in compensation to a former employee who lost his job after blowing the whistle on compliance failings at the Toronto-based bank’s London operation.
John Banerjee won his unfair dismissal case against RBC in July 2018 in what was a rare ruling in favour of a City whistleblower. Now, according to documents seen by Financial News, UK employment judge Mr J Tayler has told the bank to pay Banerjee around £1.2m to cover lost earnings.
