Royal Bank takes $850-million hit (The Globe and Mail)

Related Articles

End stamp duty on shares to save City, Chancellor told

10 mins ago

Royal Mail suspends postal service outside of Lerwick

48 mins ago

Post Office staff list 14 scandal-stained individuals who should have honours stripped

1 hour ago

Royal Bank of Canada announced late Thursday that it plans to record a charge of roughly $850-million (U.S.) in the second quarter. Canada’s largest bank said the goodwill impairment charge will hurt its earnings for the quarter, but is a non-cash item that will note affect its capital ratios.

More: continued here