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RBC’s former finance chief sues for wrongful termination, citing gender stereotyping

Royal Bank of Canada’s former finance chief has filed a wrongful-termination lawsuit against the Canadian bank, citing the presence of “gender-based stereotyping” in her dismissal. Earlier this year, RBC said it had terminated Nadine Ahn after a probe found that she was in an undisclosed close personal relationship with another executive that led to preferential treatment of that executive, including promotion and compensation increases. A lawsuit filed earlier this month in the Ontario Superior Court of Justice said the bank’s allegations are “patently false.” Ahn is suing RBC for nearly C$50m ($36.38m). “(RBC) failed to provide her with a fair opportunity to respond to the allegations, and the bank was, at least in part, motivated by stereotypical assumptions concerning friendships between women and men,” Ahn’s lawyer wrote in the lawsuit.

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