Home / Royal Mail / Royal Bank profit falls to $1.12-billion (The Globe and Mail)

Royal Bank profit falls to $1.12-billion (The Globe and Mail)

Royal Bank of Canada, living up to a warning it issued last month, said Friday that its profit fell to $1.12-billion or 81 cents a share, down from $1.32-billion or $1.01 a year earlier, as trading losses and imploding U.S. financial markets took their toll.

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