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RBC Says Employee In Manhattan Tested Positive For Coronavirus- Bloomberg News
RBC's Priority Is To Grow U.S. Private Client And City National Franchises
Royal Bank Of Canada Reports Qtrly Earnings Per Share $2.40
Royal Bank of Canada is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 34 other countries. The Company's business segments include Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support. The Company, through its segments, serves various lines of businesses, which include Personal Financial Services, Business Financial Services, Cards and Payment Solutions, Caribbean and United States Banking, Canadian Wealth Management, United States and International Wealth Management, Global Asset Management, Canadian Insurance, International Insurance, Corporate and Investment Banking, Global Markets and Other.
Royal Bank Plaza 200 Bay Street
Stn Royal Bank
PO Box 1
Kathleen P. Taylor
Independent Chairman of the Board
David I. McKay
President, Chief Executive Officer, Director
Chief Financial Officer
Group Head and Chief Executive Officer - Capital Markets
Chief Human Resource Officer
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Royal Bank of Canada has processed about 250,000 payment deferrals on mortgages and other loans to help navigate its customers through the COVID-19 crisis, its chief executive told shareholders on Wednesday.
Royal Bank of Canada will not cut jobs in 2020 as a result of coronavirus outbreak, Dave McKay, chief executive of Canada's biggest lender said in an employee memo shared by the company.
An AG Mortgage Investment Trust unit on Wednesday sought to prevent Royal Bank of Canada (RBC) from auctioning off nearly $11 million of its commercial mortgage-backed securities the lender is a counterparty to, according to a court filing.
AG Mortgage Investment Trust on Wednesday sought a court order to prevent Royal Bank of Canada (RBC) from auctioning off nearly $11 million of commercial mortgage-backed securities that serve as collateral for defacto loans to AG, according to a court filing.
K+S <SDFGn.DE> is being advised by Deutsche Bank <DBKGn.DE> and Royal Bank of Canada (RBC) <RY.TO> as the German mineral miner plans to sell its salt business in North and South America, two people familiar with the matter told Reuters on Wednesday.
K+S is being advised by Deutsche Bank and Royal Bank of Canada (RBC) as the German mineral miner plans to sell its salt business in North and South America, two people familiar with the matter told Reuters on Wednesday.
Royal Bank of Canada Chief Executive Officer Dave McKay said on Tuesday "fairly material short-term impact" from global measures to contain the coronavirus outbreak is likely, although the economic effects remain difficult to predict.
A "fairly material short-term impact" from global measures to contain the coronavirus outbreak is likely, although the economic effects remain difficult to predict, Royal Bank of Canada Chief Executive Officer Dave McKay said on Tuesday.
Royal Bank of Canada <RY.TO> said on Wednesday it would cut its prime rate to 3.45% from 3.95% in its first reduction since July 2015, with the country's other lenders expected to follow suit, even as the moves weigh on margins already under pressure.
Royal Bank of Canada cut the prime rate for Canadian borrowers to 3.45% from 3.95% on Wednesday, the first reduction since July 2015, kicking off a raft of expected cuts in response to the Bank of Canada's 50-basis-point interest rate cut.
Canada's biggest lender, Royal Bank of Canada reported a nearly 11% rise in quarterly profit on Friday, boosted by growth in its capital markets, and personal and commercial banking units.
Royal Bank of Canada has no plan to take any restructuring charges, Chief Executive Officer Dave McKay said on Tuesday, following a C$357 million ($274.7 million) charge that Bank of Montreal took in the fourth quarter.
Royal Bank of Canada reported a nearly 1% fall in quarterly profit on Wednesday, hurt by higher loan loss provisions.
Royal Bank of Canada and Toronto-Dominion Bank have agreed to pay a combined C$24.5 million ($18.5 million) to settle charges of foreign exchange trading malpractices brought against the Canadian banks by a regulator, following a settlement hearing held on Friday.
The Ontario Securities Commission has issued a notice of hearing to Royal Bank of Canada <RY.TO> and Toronto-Dominion Bank <TD.TO> to settle charges of forex trading malpractices, the Canadian regulator said on Monday.
Royal Bank of Canada reported a 5% rise in quarterly profit on Wednesday, boosted by growth in personal and commercial banking.
Royal Bank of Canada's co-head of industrials investment banking Glenn Riedman has resigned to join the investment banking arm of Jefferies Financial Group Inc , according to people familiar with the matter.
Royal Bank of Canada and Toronto-Dominion Bank, Canada's two largest lenders, beat analysts' estimates for quarterly profit on Thursday as strong loan growth boosted interest income, but a spike in provisions for soured loans spooked investors.
Two of Canada's largest lenders beat analysts' estimates for quarterly profits on Thursday, as strong loan growth boosted their retail banking businesses and interest income.
Royal Bank of Canada and Toronto-Dominion Bank beat analysts' estimates for quarterly profits on Thursday, as strong loan growth bolstered their retail banking businesses and interest income.
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