RBC Drops Appeal In Whistleblower Retaliation Case

Law360, London (February 13, 2019, 8:25 PM GMT) -- Days after vowing to fight an employment tribunal ruling that a London-based currency trader had been unfairly fired for blowing the whistle, the Royal Bank of Canada reversed course Wednesday pledging to create a culture where employees feel safe to speak up.

An appeal hearing into the case of John Banerjee — who had successfully argued that he was fired for blowing the whistle on what he said was a lax compliance culture at the bank — was due to take place Wednesday. However the lender has now decided to withdraw its attempts to overturn the judgment with a spokesman claiming...

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