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Royal Bank of Canada fires CFO over undisclosed relationship: Royal Bank of Canada on Friday said it appointed Katherine Gibson as interim Chief Financial ...
reuters.com/business/finance/royal-bank-canada-appoints-katherine-gibson-interim-cfo-2024-04-06/
RBC's strategy chief to depart, memo shows: Royal Bank of Canada's chief administrative and strategy officer, Christoph Knoess, will be leaving the country's ...
reuters.com/business/finance/rbcs-strategy-chief-depart-memo-shows-2024-03-20/
Canada's big banks say sustainable finance pledges may not curtail emission growth
reuters.com/sustainability/sustainable-finance-reporting/canadas-big-banks-say-sustainable-finance-pledges-may-not-curtail-emission-2024-03-19/
Canada's RBC beats profit estimates on higher interest income: Royal Bank of Canada on Wednesday beat analysts' estimates for quarterly profit as higher interest ...
reuters.com/business/royal-bank-canadas-q1-profit-falls-bigger-rainy-day-funds-2024-02-28/
Quick Glance: RBC Beats Profit Estimates with Higher Interest Income
- Royal Bank of Canada surpasses analysts' estimates for quarterly profit through higher interest rates, resulting in increased income from interest-bearing assets.
- Despite this, Canada's top lender increased provisions to cover potentially souring loans in an uncertain economy, signaling economic uncertainties.
- Higher rates generate more income for banks through interest on mortgages and other loans.
- RBC saw a rise in total provisions for credit losses to C$813 million, or 53%, from a year ago.
RBC’s (RY CN) $10 Billion Takeover of HSBC Canada to Win Government Approval: The Canadian government will approve Royal Bank of Canada’s landmark deal to ...
bloomberg.com/news/articles/2023-12-21/rbc-s-10-billion-deal-for-hsbc-canada-is-said-to-win-approval
TSX eyes higher open as metal prices shine: Futures for Canada's main stock index hit a record high on Monday, tracking an upward tick in both precious and base ...
reuters.com/markets/tsx-eyes-higher-open-metal-prices-shine-2024-04-01/
Canadian lender RBC's CEO says City National will be a 'net contributor': Royal Bank of Canada expects its struggling unit in the U.S. to be "a net contributor" ...
reuters.com/business/finance/canadian-lender-rbcs-ceo-says-city-national-will-be-net-contributor-2024-04-03/
Posthaste: Are we at bottom yet? Five things to watch in Canada's housing market: Housing market downturn is expected to run into 2024, but the spring could be a ...
financialpost.com/news/housing-market-canada-five-things-2024
Toronto home buyers venture back to the market: Buyers who had been sitting on the sidelines are expected to come back into the market as the Bank of Canada is ...
theglobeandmail.com/real-estate/toronto/article-toronto-home-buyers-venture-back-to-the-market/
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This Wall Street bank is letting staff work from anywhere through year-end: Citigroup Inc. is once again allowing most of its employees to work from anywhere for ...
financialpost.com/fp-work/this-wall-street-bank-letting-staff-work-anywhere-next-2-weeks
RBC’s Canadian Investment Banking Co-Head Cook to Depart for BMO: Carrie Cook, co-head of Canadian investment banking at Royal Bank of Canada ...
bloomberg.com/news/articles/2024-01-11/rbc-s-canadian-investment-banking-co-head-cook-to-depart-for-bmo
HSBC deal won't change mortgage landscape, says RBC, but industry watchers not so sure
financialpost.com/fp-finance/banking/rbc-says-hsbc-deal-will-not-change-mortgage-landscape-experts-unsure
RBC (RY CN) Fined C$7.48 Million for Violating Canadian Money-Laundering Rules: Royal Bank of Canada was fined C$7.48 million ($5.5 million) for a series of ...
bloomberg.com/news/articles/2023-12-05/rbc-hit-with-fine-for-breaking-canadian-money-laundering-rules
HSBC expects RBC deal to close in early 2024 after Ottawa’s approval - National | Globalnews.ca
trib.al/Tp6Hjke
Canada has new fiscal goals but analysts put little stock in them: Canada has been criticized for years for failing to meet its debt-reduction goals and many ...
reuters.com/world/americas/canada-has-new-fiscal-goals-analysts-put-little-stock-them-2023-12-04/
Quick Glance: Canada's New Fiscal Targets
- Canadian government announces new fiscal targets
- Criticism of government's credibility for failing to meet previous debt reduction goals
- Experts skeptical of the new fiscal anchors
- Main risk lies in external factors worsening the country's fiscal position
Interest rate cuts will be the story of 2024 — what that means for mortgages and more
financialpost.com/investing/interest-rate-cuts-story-2024-mortgages
Quick Glance: The 2024 Outlook: Interest Rate Decline
- Expert: Bank of Canada rate cuts will bring joy to many.
- The impact of interest rate decline will be the central theme of 2024.
- Starting at 4.25 percent, the Bank of Canada overnight rate will end 2023 at five percent.
- It's crucial to note that overnight rates are just one part of the interest rate equation.
Scotiabank to add hundreds of financial advisers to catch up with rivals: Bank of Nova Scotia plans to add hundreds of financial advisers to boost sales of ...
financialpost.com/fp-finance/banking/scotiabank-add-hundreds-financial-advisers
Canada adds jobs but not enough to change expectations for hold on rates: The Canadian economy added more jobs than expected in November while the jobless rate ...
reuters.com/markets/canada-gains-24900-jobs-november-jobless-rate-rises-58-2023-12-01/
Inflation-weary consumers send mixed signals as Black Friday sales kick off: Retailers say they expect a busy holiday shopping season, despite mixed signals on ...
financialpost.com/news/retail-marketing/canadian-consumers-mixed-signals-black-friday-sales-kick-off
Canadian banks prepare for shaky economy, more bad loans: Canadian banks had a mixed fourth quarter but a common theme underlining all the reports was the rise ...
reuters.com/business/finance/canadian-banks-prepare-shaky-economy-more-bad-loans-2023-12-04/
Canada's RBC, CIBC beat profit estimates; TD misses on higher loan provisions: Two of Canada's big six banks beat expectations for quarterly earnings on Thursday ...
reuters.com/business/finance/royal-bank-canada-profit-jumps-investment-banking-boost-2023-11-30/
TSX posts biggest monthly gain in 3 years on Fed rate signal: Canada's main stock index rose on Thursday and posted its biggest monthly advance in three years as ...
reuters.com/markets/tsx-futures-rise-higher-crude-prices-bank-earnings-us-inflation-data-focus-2023-11-30/
TD Bank to cut about 3,000 jobs; profit misses estimate: TD Bank Group (TD.TO) is axing 3% of its workforce, or more than 3,000 jobs, the country's ...
reuters.com/business/finance/canadas-td-banks-fourth-quarter-profit-falls-higher-provisions-2023-11-30/
RBC says rally makes stocks vulnerable with U.S. recession still likely: Equity markets have gone up so fast that they’re very vulnerable to a pullback if the US ...
financialpost.com/investing/rbc-rally-stocks-vulnerable-us-recession-likely
Here are Monday's biggest analyst calls: Nvidia, Netflix, Tesla, Amazon, Sunnova, Boeing, Snap, Salesforce & more
cnbc.com/2023/12/18/top-stocks-to-watch-on-monday.html
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Inflation rate holds at 3.1%, defying market and delaying Bank of Canada rate cut
financialpost.com/news/economy/inflation-rate-holds-steady-delaying-interest-rate-cut
Justin Trudeau’s Jamaican vacation plus other letters, Jan. 10: ‘The Prime Minister is no ordinary Canadian … why begrudge him some quality time with his ...
theglobeandmail.com/opinion/letters/article-justin-trudeau-cost-of-jamaica-vacation/
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Blocking HSBC deal would send ‘very bad signal’ to foreign investors: RBC CEO - National | Globalnews.ca
globalnews.ca/news/10136174/rbc-cibc-q4-earnings-dividend/
Is prompt engineer displacing data scientist as the 'sexiest job of the 21st century'?
zdnet.com/article/is-prompt-engineer-displacing-data-scientist-as-the-sexiest-job-of-the-21st-century/
Cannabis advocates say banks still refuse their business, fuelling the illicit market and hurting the industry
nationalpost.com/cannabis/cannabis-advocates-say-banks-still-refuse-their-business-fuelling-the-illicit-market-and-hurting-the-industry
These are the 5 headlines you should read this morning: Two Canadians died in Antigua, Senate Speaker Gagné ruled Senators were intimidated and RBC was fined $7 ...
ctvnews.ca/5-things/these-are-the-5-headlines-you-should-read-this-morning-1.6675187
More Canadian companies are offering fertility benefits, but is it enough? : A new survey shows more than half of Canadian employers still do not offer fertility ...
globalnews.ca/news/10108599/fertility-employee-benefits-canada/
The S&P 500 could see double-digit gains again in 2024, RBC says: Strategist Lori Calvasina set a 2024 year-end target of 5,000 for the S&P 500 ...
cnbc.com/2023/11/22/the-sp-500-could-see-double-digit-gains-again-in-2024-rbc-says.html
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Google ads for Canadian brands found on Russian and Iranian adult web sites : Air Canada and MI-6 are just a few companies whose Google ads have cropped up on ...
theglobeandmail.com/politics/article-google-ads-showing-up-on-right-wing-and-russian-and-iranian-adult-web/
JPMorgan hiring in private-asset push targeting Canada's wealthy: JPMorgan Chase & Co. is building up its Canadian asset management team, with new hires planned ...
financialpost.com/fp-finance/banking/jpmorgan-hiring-private-asset-push-canada-wealthy
More softening ahead for Canada's jobs market, but wage hikes, hybrid work to have staying power
financialpost.com/fp-work/canada-jobs-market-2024-more-cooling-work-from-home-stay
Inflation rate holds at 3.1%, defying market and delaying Bank of Canada rate cut
financialpost.com/news/economy/inflation-rate-holds-steady-delaying-interest-rate-cut
RBC CEO Dave McKay Says Bank Eyeing US Wealth, Commercial M&As: Royal Bank of Canada is interested in adding to its US business through wealth-management and ...
bloomberg.com/news/articles/2024-01-09/rbc-eyes-us-wealth-commercial-m-a-amid-limited-opportunities
Inflation rate holds at 3.1%, defying market and delaying Bank of Canada rate cut
financialpost.com/news/economy/inflation-rate-holds-steady-delaying-interest-rate-cut
Stock market outlook 2024: RBC boosts S&P 500 price target to 5,150: "The main thing that has changed in our math is the starting point of our analysis given the ...
markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-price-target-5150-economy-presidential-election-2024-1
Equity markets have gone up so quickly that they’re highly vulnerable to a pullback if the US economy slips into even a mild recession ... Show more
Posthaste: Canadians brace for mortgage renewal cliff that could hike payments by 70%
financialpost.com/news/canadians-brace-for-mortgage-renewal-cliff
Aprio expands in Texas: The Top 100 Firm is merging in San Antonio- and Austin-based Ridout Barrett & Co.
accountingtoday.com/news/aprio-expands-in-texas-with-ridout-barrett-merger
RBC Beats Estimates on an Increase in Capital-Markets Income: Royal Bank of Canada beat analysts’ earnings estimates after reporting strong capital-markets ...
bloomberg.com/news/articles/2023-11-30/rbc-beats-estimates-on-an-increase-in-capital-markets-income
RBC: Royal Bank of Canada’s City National Bet on Rich US Clients Costs $10B: Royal Bank of Canada wanted to return to the US personal and commercial banking ...
bloomberg.com/news/articles/2023-11-22/rbc-royal-bank-of-canada-s-city-national-bet-on-rich-us-clients-costs-10b
Ski-Doo maker BRP hit by slowdown as consumers tighten their belts: Inflationary environment has led to a 'softening' of demand in the powersport vehicle market ...
financialpost.com/transportation/autos/ski-doo-maker-brp-hit-by-slowdown
Interest rates impacting nearly half of Ontario homeowners' plans in some way: A new survey says rising interest rates have affected home purchase plans for ...
torontosun.com/news/provincial/interest-rates-impacting-nearly-half-of-ontario-homeowners-plans-in-some-way
RBC beats expectations on boost from capital markets income: RBC's corporate and investment banking revenue rose to the highest in almost two years in the fourth ...
financialpost.com/fp-finance/banking/rbc-beats-expectations-on-capital-markets-income
What To Expect From Royal Bank of Canada's Q4 Earnings Results?: Royal Bank of Canada is expected to report a 3% increase in revenues for the fiscal Q4 ...
seekingalpha.com/article/4654440-what-to-expect-royal-bank-of-canada-q4-earnings-results
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UK Budget Adds to Bear Case for Gilts, Says BlueBay’s Dowding: The UK’s budgetary largesse has bolstered the bear case for gilts, which are already under ...
bloomberg.com/news/articles/2023-11-24/uk-budget-adds-to-bear-case-for-gilts-says-bluebay-s-dowding
More Canadian companies are offering fertility benefits, but is it enough? : A new survey shows more than half of Canadian employers still do not offer fertility ...
globalnews.ca/news/10108599/fertility-employee-benefits-canada/
Montreal Canadiens line up Air Canada as road jersey sponsor: Airline signs a multi-year agreement with the Habs to display the carrier’s logo.
montrealgazette.com/sports/hockey/nhl/montreal-canadiens/montreal-canadiens-line-up-air-canada-as-road-jersey-sponsor
Bets on S&P 500 Record Grow as RBC Joins Bullish Calls for 2024: The S&P 500 will rally to a record high next year, helped by positive sentiment and ...
bloomberg.com/news/articles/2023-11-22/bets-on-s-p-500-record-grow-as-rbc-joins-bullish-calls-for-2024
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