A surprise surge in the VIX, a key market volatility index, has caught attention. Lawrence Summers, a former US Treasury Secretary, is calling for an investigation into the sudden increase. Meanwhile, RBC's former CFO, Jeanne Dupre, has filed a lawsuit against the bank, citing "breach of fiduciary duty." As markets continue to navigate uncertainty, this news highlights the need for transparency and accountability.

Source: https://www.bloomberg.com/news/audio/2024-08-10/summers-probe-vix-surge-rbc-s-former-cfo-sues-more