Royal Bank of Canada’s quarterly profit of $3.9-billion was up 20 per cent year over year but down from the third quarterMark Blinch/Reuters Two major Canadian banks have reported higher fourth-quarter profits and large dividend hikes but still failed to meet Bay Street’s expectations, as narrowing profit margins and lower …
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A DC Fast EV charging station in a public parking lot in Picton, Ont., on April 30, 2021. New electric-vehicle registrations in Canada currently range from 2 to 3 per cent. Fred Lum/The Globe and Mail Dave McKay is president and chief executive officer of Royal Bank of Canada As …
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Bank buildings at Toronto’s financial district on Sept. 3, 2020. Fred Lum/The Globe and Mail Canada’s banking regulator will not yet consider lifting restrictions on banks’ dividends and share buybacks introduced at the start of the pandemic, even though the largest lenders continue to amass growing stockpiles of surplus capital. …
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Craig Kielburger, left, and his brother Marc speak at a WE Day event at the Air Canada Centre, in Toronto, on Sept. 28, 2017. Fred Lum/the Globe and Mail Royal Bank of Canada has decided to cut all its ties to WE Charity less than a week after announcing a …
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Canada’s largest bank has confirmed an employee has tested positive for the coronavirus in its Mississauga office complex and has placed a quarantine on all employees working on the same floor as the individual. On Monday, Royal Bank of Canada internally confirmed that an RBC employee – who had been …
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During his time with RBC, Jim Little was named by the Globe and Mail as one of the top 50 people affecting sport in Canada for his role in the bank’s sponsorship of the Canadian Open. MIKE CASSESE/The Globe and Mail The Ottawa Senators have named Jim Little as the …
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