Other mid-cap fallers included defence firm Qinetiq and Royal Mail owner IDS, off 21p to 336.8p and 8p to 219.2p respectively. Miner Centamin was … Source link
Read More »Pierre Poilievre urges Chrystia Freeland to reject proposed RBC takeover of HSBC Canada
Open this photo in gallery: Conservative Leader Pierre Poilievre rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Oct. 19. The Competition Bureau greenlit RBC’s takeover of HSBC Canada in September.Justin Tang/The Canadian Press Conservative Leader Pierre Poilievre is calling for the federal government …
Read More »Royal Bank of Canada has given City National a lifeline, but the U.S. bank’s future remains uncertain
Open this photo in gallery: A sign for the Royal Bank of Canada in Toronto on Dec. 13, 2021.CARLOS OSORIO/Reuters Royal Bank of Canada moved to prop up City National Bank on Friday as its Los Angeles-based subsidiary continues to struggle under the weight of the U.S. regional banking crisis. …
Read More »RBC lifts ban on sale of cash ETFs through its online trading platform
Open this photo in gallery: A woman walks past a Royal Bank of Canada sign in the financial district in Toronto on Sept. 20, 2022.Alex Lupul/The Canadian Press Royal Bank of Canada RY-T, the country’s largest bank, is no longer blocking investors from buying high-interest cash funds from its discount …
Read More »Persistent CEO selling not a good look for Royal Bank stock
Over the past five years, not including dividends, Royal Bank of Canada RY-T shares are up 16 per cent, compared with a 57-per-cent gain by small-cap VersaBank. Meanwhile, Royal Bank lags other large-cap Canadian banks in our INK Edge quantitative rankings based on valuations, insider commitment and price momentum. Insider …
Read More »RBC profit falls 14%, misses forecasts as banks set aside more money for bad loans
Open this photo in gallery: A sign for Royal Bank is seen in Toronto in this file photo.CARLOS OSORIO/Reuters Royal Bank of Canada RY-T reported a drop second-quarter profit and missed analysts’ estimates as a worsening economic outlook drives lenders to set aside more money for loans that could turn …
Read More »Banks and government offices closed Monday, no mail delivery either due to holiday | Local News
(Undated)–Today (Monday) is a Federal and State holiday with government offices closed. Officials remind that when a holiday occurs on a Sunday, most banks and credit unions will be closed the following Monday. Since Christmas Day fell on a Sunday this year, most banks and credit unions are also closed …
Read More »Christmas Post Office Opening Hours: Christmas Holidays 2022: What are the Post Office opening hours?
Before facing the winter temperature, double-check the business hours since they may have changed. If you need to know the Christmas post office hours, here are all the details: Given that hours of operation might vary from branch to branch, using the Branch Finder tool is recommended. Due to a …
Read More »Banks brace for slowdown as profits come under pressure
Two major Canadian banks are once again building reserves to guard against loan defaults as uncertainty mounts about the prospects of an economic downturn, with Royal Bank of Canada CEO Dave McKay warning that “the end of an economic cycle” is getting nearer. RBC’s RY-T third-quarter profit fell 17 per …
Read More »RBC CEO says employees should be in the office more often
RBC chief executive Dave McKay speaks at the Royal Bank of Canada annual meeting in Toronto on April 6, 2017.Frank Gunn/The Canadian Press The chief executive of Canada’s largest bank is urging employees to return to the office more frequently, and is saying the bank must become more deliberate about …
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