The net effect of all that,'' he said, ''is depressed profitability and concern in the stock market.'' Bond Rating Slashed In March, the Royal Bank said it expects its loan-loss experience this year will be $800 million, an unwanted increase …
Royal Bank of Scotland (RBS) has had a horrible year, with its stock falling from 154 to 7.29. But this is the ultimate insult. Their building in London was smashed and invaded by anarchist protesters. As an aside: Apparently protestors …
The Commodity Futures Trading Commission (CFTC) claims that subsidiaries of RBC allegedly conducted transactions worth millions of dollars utilizing wash trades, whereby through the purchase of both narrow-based stock ... lawsuit, …
Dec 4 RBC Investor & Treasury Services (I&TS), a unit of Royal Bank of Canada, appointed Marian Azer as managing director, head of I&TS product management, Asia Pacific, and chief operating officer, global client coverage, Australia. …
In an unprecedented move, Royal Bank chairman John Cleghorn has issued a public apology for the stock manipulation scandal embroiling its pension management arm, RT Capital Management. Cleghorn says the actions of some …
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Royal Bank of Canada’s RY shares fell more than 3% on the NYSE following the fourth-quarter fiscal 2016 (ended Oct 31) earnings release. The company recorded net income of C$2.5 billion ($1.9 billion), down nearly 2% from the prior-year …
The British government still owns more than 80% of RBS. Regulators extracted a settlement from Royal Bank of Scotland Thursday in a case that touches on one of the key causes of the financial crisis. RBS (RBS) agreed to pay …
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Royal Bank of Canada’s RY shares fell more than 3% on the NYSE following the fourth-quarter fiscal 2016 (ended Oct 31) earnings release. The company recorded net income of C$2.5 billion ($1.9 billion), down nearly 2% from the prior-year …
Let's see if Royal Bank of Canada (RY) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks. Royal Bank of Canada (RY) fourth-quarter fiscal …