Wudi@feddit.uk to Canada@lemmy.ca · 7 days agoRBC fined $4.25M over incorrect credit card statementswww.cbc.caexternal-linkmessage-square6fedilinkarrow-up148
arrow-up148external-linkRBC fined $4.25M over incorrect credit card statementswww.cbc.caWudi@feddit.uk to Canada@lemmy.ca · 7 days agomessage-square6fedilink
minus-squaredom@lemmy.calinkfedilinkarrow-up16·7 days agoRbc has revenue of 66billion. This fine is the equivalent of $4 fine to a median income canadian
minus-squareILikeBoobies@lemmy.calinkfedilinkarrow-up9·7 days agoAnother way to look at it. The fine is less than the interest made on the stolen money. (Divided amount by years, assumed 2% each year, added 1 year’s worth each year for the duration)
Rbc has revenue of 66billion. This fine is the equivalent of $4 fine to a median income canadian
Another way to look at it.
The fine is less than the interest made on the stolen money.
(Divided amount by years, assumed 2% each year, added 1 year’s worth each year for the duration)
Yeah what a useless fine.