Royal Bank of Canada
Bank of Canada cuts rates, hails 'good news' on low inflation
“Today’s interest rate decision should contribute to a pickup in demand,” says central bank governor Tiff Macklem
RBC bankers fear layoffs as pledge to keep HSBC staff nears end: sources
SOME Royal Bank of Canada (RBC) employees who joined when the bank acquired HSBC Canada worry they could lose their jobs when RBC’s six-month guarantee to keep them expires this month, according to si...
RBC’s US global asset management head sees growth in emerging markets, alternative assets
ROYAL Bank of Canada is betting on alternative investments and emerging markets debt and equity to boost its US global asset management business, said new CEO Donald Sanya, who aims to ramp up hiring....
Canada’s biggest bank RBC beats profit on smaller bad loan provisions
ROYAL Bank of Canada (RBC) on Wednesday (Aug 28) surpassed analysts’ estimates for quarterly profit as it set aside a smaller than expected sum to protect itself against losses on bad loans.
Bank of Canada cuts rates again, lowers 2024 growth forecast
More reductions in borrowing costs were likely if inflation continued to cool in line with forecasts
Bank of Canada cuts rates for first time in four years
The BOC says indicators of underlying inflation looked increasingly positive
Canada’s RBC beats profit estimates boosted by higher interest income
CANADA’S No 1 lender Royal Bank of Canada (RBC) on Wednesday (Feb 28) beat analysts’ estimates for quarterly profit as higher interest rates helped the bank earn more on its interest-bearing assets.
Royal Bank of Canada gets nod for C$13.5 billion purchase of HSBC unit
CANADA on Thursday (Dec 21) approved Royal Bank of Canada’s (RBC) C$13.5 billion (S$13.5 billion) acquisition of HSBC’s domestic unit, in a deal that would further tighten the country’s top lender’s g...
RBC’s C$13.5 billion deal for HSBC Canada gets approval from competition body
THE Royal Bank of Canada’s purchase of the Canadian unit of HSBC Holdings received the blessing of the country’s antitrust body, which said the deal does not violate competition law.
HSBC, Citi, Deutsche Bank, Morgan Stanley and RBC traders may have broken competition law, watchdog finds
Britain’s Competition and Markets Authority (CMA) said on Wednesday (May 24) it had provisionally found five major global banks allegedly broke UK competition law by exchanging sensitive information o...
