While RBC denies most of Caruso-Jones’ claims, it stated in its filing that she was a strong performer and was promoted up to managing director during her time with the bank. Photo by Alex Lupul/The Canadian Press/Postmedia files

Royal Bank of Canada denies claims that it fostered a “boys’ club” environment at its United States capital-markets business, disputing allegations that the firm engaged in sex-based discrimination against female bankers and offered unequal pay and promotions to women.

In a federal lawsuit filed in Manhattan court earlier this month, Jennifer Caruso-Jones, 54, alleged that over more than 13 years with the bank, she earned hundreds of thousands of dollars less than male peers and saw her bonus cut by 30 per cent after taking maternity leave. The plaintiff was f

See Full Page