Open this photo in gallery: A Royal Bank of Canada logo is seen on Bay Street in the heart of the financial district in Toronto.Mark Blinch/Reuters Royal Bank of Canada’s quarterly profit came in well above analysts’ estimates, as it set aside less money than anticipated for soured loans and …
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 »Canada’s annual inflation rate hits 4.4 per cent in September, highest since 2003
A woman fills her vehicle with fuel, in Toronto, on Oct. 19. Evan Buhler/The Canadian Press Canadian inflation surged in September at the fastest pace since 2003 due to higher gas and housing costs, adding fuel to a boisterous debate over how long prices will rise rapidly. The consumer price …
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