Company: Royal Bank of Canada

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Slowdown in credit growth to impact Canadian banks’ prospects

Royal Bank of Canada leases 40% of the space

challenge-obstacle

Companies' short-term economic concerns are compounded by the Delta variant

niche investment

RBC chief executive David McKay doesn't expect the Covid-19 Delta variant to halt current momentum

office workers wearing gloves and masks

The mandates at the banks follow announcements by Sun Life Financial Inc. and others

Money in hands with leaf growing

Areas with large emission reduction potential have yet to attract much investment, RBC reports

RBC's rating was lowered as a result of the sector's weaker assessment

House bubble boom presentation on chalkboard. Concept photo of Real estate market bubble , booming, money,price, rent, grid, home, house, housing, industry and subprime mortgage crisis. (Copy Space)

The bank supports recent measures to take pressure off Canada's housing market, said RBC's CEO

a businessman treads carefully

Dave McKay also spoke at the bank's AGM about the need for a more inclusive Canadian society

RBC logo Royal Bank of Canada sign

The bank's Caribbean presence now includes 41 branches supported by 3,000 employees

  • By: IE Staff
  • April 1, 2021 April 1, 2021
  • 16:02
TD, CIBC, BMO and other skyscrapers in Toronto in spring

Big banks far outpace rest of the TSX for women in executive and board roles