reportonbusiness.com: notSet

Posted AT 12:00 AM EST on 22/08/08

RBC, U.S. watchdogs talk securities settlement

SINCLAIR STEWART

From Friday's Globe and Mail

NEW YORK — — Royal Bank of Canada is in settlement talks with U.S. regulators over its role in the troubled $330-billion (U.S.) auction-rate securities market, a move that will likely result in the bank repurchasing some of these investments from retail clients.

The full text of this article has 641 words.

To continue reading this article, you will need to purchase this article.

Already have a member account? Login now

Pay-Per-View Offers To read the complete article, select one of the following options

Purchasing from globeandmail.com is quick and secure.

TSX
DJIA
S&P
Nasdaq

Market	Change	Value
Data delayed 15 minutes
S&P/TSX	-864.41	8,406.21
DJIA	-679.95	8,149.09
S&P 500	-80.03	816.21
Nasdaq	-137.50	1,398.07

Stock Profile	Sponsored by:
Profile Quote Lookup

Bond yields sinking at 'remarkable' speed

Plus: The close: Investors look down

Video: The moment has arrived

Technology


Finding the perfect gadget: Need a present for mom, dad, son, daughter, friend, colleague?

Most Popular

Rank	Headline
1.	Wary shoppers point to sharp drop in outlook 01/12/08 9:21 PM 101
2.	Airline retools for holidays 01/12/08 10:10 PM 26
3.	Mexican silver giant makes bid for B.C.'s MAG 01/12/08 9:38 PM
4.	Stocks plunge in broad selloff 01/12/08 4:22 PM 146
5.	Even Bernanke can't say what's next 01/12/08 9:23 PM 3
6.	The world of work in 2018 01/12/08 2:21 PM 51
7.	Demers' hiring triggers OMERS internal spat 01/12/08 9:35 PM
8.	Loonie closes down half a cent 01/12/08 7:29 PM 63
9.	Zenn and the art of electric car maintenance 12:00 AM
10.	Oil drops below $50 a barrel 01/12/08 3:23 PM 23

Rank	Headline
1.	Opposition sets coalition terms 01/12/08 8:44 PM 1566
2.	South Asia is biggest threat to U.S., Obama says 01/12/08 10:28 PM 25
3.	‘Four wise men' would show coalition the way 01/12/08 8:59 PM 243
4.	Harper, Dion put politics before national interest 01/12/08 11:32 PM 22
5.	OPP officer clings to life while man, two children perish 01/12/08 11:04 PM 2
6.	Stelmach to Ottawa: ‘Stop the nonsense' 01/12/08 5:49 PM 494
7.	For governor-general, a series of firsts 01/12/08 10:03 PM 38
8.	Wary shoppers point to sharp drop in outlook 01/12/08 9:21 PM 101
9.	Accused says he was high during killings 01/12/08 10:51 PM 22
10.	Duceppe sets conditions for collaboration 01/12/08 10:00 PM 33

Rank	Headline
1.	The humbling of a Prime Minister 01/12/08 12:11 AM 452
2.	Opposition sets coalition terms 01/12/08 8:44 PM 1566
3.	For governor-general, a series of firsts 01/12/08 10:03 PM 37
4.	BlackBerry Storm? More like BlackBerry Dud 27/11/08 1:38 PM 51
5.	Brain waves shed light on autism and language 01/12/08 1:01 PM 8
6.	Historic centre of Venice under water 01/12/08 10:12 AM 56
7.	The world of work in 2018 01/12/08 2:21 PM 51
8.	Airline retools for holidays 01/12/08 10:10 PM 26
9.	Why the opposition can't back down now 29/11/08 5:00 PM 987
10.	Universities looking outside academia for leaders 01/12/08 4:44 AM 46

Rank	Headline
1574	Opposition sets coalition terms 1574
494	Stelmach to Ottawa: ‘Stop the nonsense' 494
163	How did the NBER reach its recession finding? 163
146	Stocks plunge in broad selloff 146