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RBC

  • Economic Headwinds Weigh on Bank Results as More Money Set Aside for Bad Loans
    Economic Headwinds Weigh on Bank Results as More Money Set Aside for Bad Loans
    The effects of heightened inflation and central bank efforts to rein it in by slowing the economy are showing in the second-quarter results from Canada's big banks. Four out of ...
    May 25, 2023BY The Canadian Press
  • Bank of Canada Expected to Hold Interest Rates Unchanged on Wednesday
    Bank of Canada Expected to Hold Interest Rates Unchanged on Wednesday
    Economists from Canada's major banks predict that the Bank of Canada will hold its key interest rate steady at ...
    April 10, 2023BY Matthew Horwood
  • Commercial Real Estate Faces Perfect Storm: The Demise of Downtown Office Buildings
    Commercial Real Estate Faces Perfect Storm: The Demise of Downtown Office Buildings
    Commentary In the mid-1970s I was a struggling business and economics student. I paid for my tuition and ...
    March 25, 2023BY Tom Czitron
  • Ontario and British Columbia Headed for a Buyer’s Market, RBC Says
    Ontario and British Columbia Headed for a Buyer’s Market, RBC Says
    High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British ...
    December 16, 2022BY The Canadian Press
  • Doubts About ESG Climb Amid Mounting Challenges to Companies’ Green Claims
    Doubts About ESG Climb Amid Mounting Challenges to Companies’ Green Claims
    As companies work to go green, they are increasingly being called out by dissatisfied environmental groups and thus ...
    October 19, 2022BY Rahul Vaidyanath
  • RBC Economists Say Recession Could Happen Sooner Than Expected
    RBC Economists Say Recession Could Happen Sooner Than Expected
    The Royal Bank of Canada (RBC) has changed its forecast, predicting an upcoming recession will arrive sooner than ...
    October 14, 2022BY David Wagner
  • Canada’s Housing Market on Verge of a Major Correction, RBC Predicts
    Canada’s Housing Market on Verge of a Major Correction, RBC Predicts
    Canadians can soon expect the largest housing market correction in over 40 years, the Royal Bank of Canada ...
    July 26, 2022BY Peter Wilson
  • ‘On the Pessimistic Side’: RBC’s Recession Projection Prompts Debate
    ‘On the Pessimistic Side’: RBC’s Recession Projection Prompts Debate
    The Royal Bank of Canada is predicting a short recession in the Canadian economy in 2023, a prediction ...
    July 9, 2022BY Lee Harding
  • H&M Profit Jumps as Shoppers Hit Stores After Pandemic
    H&M Profit Jumps as Shoppers Hit Stores After Pandemic
    STOCKHOLM—H&M, the world's second-biggest fashion retailer, reported a forecast-beating 33 percent increase in March-May profit on Wednesday as ...
    June 30, 2022BY Reuters
  • Sponsors Drops WE Charity Sponsorship and Donations Amid Political Scandal
    Sponsors Drops WE Charity Sponsorship and Donations Amid Political Scandal
    TORONTO—Several companies—including a major sponsor—that have provided cash, flights and gym memberships to WE Charity are dropping or ...
    July 28, 2020BY The Canadian Press
  • Raise Canada’s Competitiveness by Getting Tax Policy, Regulation Right: RBC CEO
    Raise Canada’s Competitiveness by Getting Tax Policy, Regulation Right: RBC CEO
    And the Canadian economy is back in an international competition to attract investment dollars and talent
    July 1, 2020BY Rahul Vaidyanath
  • Royal Bank Anointed ‘Too Big to Fail’
    Royal Bank Anointed ‘Too Big to Fail’
    TORONTO—The Royal Bank of Canada is the first Canadian lender to be added to the Financial Stability Board’s ...
    November 21, 2017BY The Canadian Press
  • Still More Upside for US Stocks in 2017, Say Analysts
    Still More Upside for US Stocks in 2017, Say Analysts
    Even with the S&P 500 up 6 percent in less than two months since the election, there are ...
    January 4, 2017BY Rahul Vaidyanath
  • RBC ‘Closely Monitoring’ Vancouver, Toronto Housing Markets
    RBC ‘Closely Monitoring’ Vancouver, Toronto Housing Markets
    TORONTO—Royal Bank CEO David McKay says the lender is "closely monitoring" the real estate markets in Vancouver and ...
    August 24, 2016BY The Canadian Press
  • Uber Banking: Fintech Aims to Revolutionize Financial Services in Canada
    Uber Banking: Fintech Aims to Revolutionize Financial Services in Canada
    Fintech, applying cutting-edge technology to revolutionize financial services, is hot.
    November 25, 2015BY Rahul Vaidyanath
  • Canada’s Housing Market Will Slow ‘Modestly’ in 2016, Says RBC
    Canada’s Housing Market Will Slow ‘Modestly’ in 2016, Says RBC
    Activity in Canada’s real estate market will slow “modestly” next year as interest rates begin to rise
    August 19, 2015BY The Canadian Press
  • RBC Reports Strong First-Quarter Despite Oilpatch Concerns
    RBC Reports Strong First-Quarter Despite Oilpatch Concerns
    TORONTO—Royal Bank increased its first-quarter profit as its Canadian banking and trading operations showed growth and it managed ...
    February 25, 2015BY The Canadian Press
TOP NEWS
  • Victims Describe the Moment Their Brooklyn Building Collapsed
    NEW By Nicholas Zifcak, Epoch Times
    Victims Describe the Moment Their Brooklyn Building Collapsed
  • Trump to Meet Putin, Xi on Sidelines of APEC Next Week, Officials Say
    NEW By Troy Myers
    Trump to Meet Putin, Xi on Sidelines of APEC Next Week, Officials Say
  • Van Hollen Makes His Case to Replace Schumer as Jeffries Is Heckled at Democratic Gathering
    2hr By Chase Smith
    Van Hollen Makes His Case to Replace Schumer as Jeffries Is Heckled at Democratic Gathering
  • Nvidia Shares Fall for a 2nd Day in Fallout From CEO Resignation
    2hr By Bill Pan
    Nvidia Shares Fall for a 2nd Day in Fallout From CEO Resignation
  • Tanker Collides With Docked Riverboat in New Orleans
    3hr By Jacki Thrapp
    Tanker Collides With Docked Riverboat in New Orleans
  • FAA Grounds All Flights Across the US
    4hr By Jill McLaughlin
    FAA Grounds All Flights Across the US
  • Supreme Court Takes Up Robinhood Investor Lawsuit
    5hr By Stacy Robinson
    Supreme Court Takes Up Robinhood Investor Lawsuit
  • Supreme Court to Consider Trump’s Asylum Restrictions at Southern Border
    5hr By Jack Phillips
    Supreme Court to Consider Trump’s Asylum Restrictions at Southern Border
  • Cisco Sued in California Over Alleged Link to Human Rights Abuses
    5hr By Eva Fu
    Cisco Sued in California Over Alleged Link to Human Rights Abuses
  • DOJ Says Agencies Should Prioritize English Over Other Languages
    7hr By Jack Phillips
    DOJ Says Agencies Should Prioritize English Over Other Languages
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