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Company: Royal Bank of Canada

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Both the Competition Bureau and OSFI are reviewing the transaction, which requires approval from the finance minister

RBC will have exclusive distribution of Onex alts products under the DS and PH&N channels

Low angle view of Skyscrapers in downtown Toronto during the day

FCAC charged with selecting single, external complaints body

Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders

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Revenue growth across major business segments was outpaced by rising costs

egg carton with one egg left

Knowledge about saving and investing is lacking, polls show

  • By: IE Staff
  • February 23, 2023 February 23, 2023
  • 15:05
Low angle view of Skyscrapers in downtown Toronto during the day

Amid growing challenges, Canadian banks still well positioned to absorb headwinds

Downtown office buildings Toronto

In December, OSFI raised banks' capital requirements by half a percentage point


Lagging effects of higher rates to impact banks' bottom lines this year

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Capital increase appropriate amid rising risks, rating agency says