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RBC to give client list to Canada Revenue Agency

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RBC to give client list to Canada Revenue Agency

Royal Bank ofCanada confirmed to Reuters it was cooperating with the CanadaRevenue Agency in the latter's "Panama Papers" investigation.

It was earlier reported that the government agency had filedfor a court order to force RBC to release the information. RBC agreed todisclose the names of clients connected to the law firm Mossack Fonseca,Reuters reported May 5. The bank is also conducting its own into the issue, after itsname surfaced, among other banks', in the document leak.