Bank marks a new record annual profit of $12.4 billion
Royal Bank is Canada’s only bank on the list of G-SIBs
Commitment to CIFAR will support research and other initiatives
The bank’s earnings were driven by earnings growth in its wealth-management, capital markets and personal and commercial banking divisions
There were fewer multiple unit projects after strong numbers in June
Top-earning women continue to be paid less than their male counterparts while the number of women holding powerful management roles has shrunk
The credit-rating agency says RBC’s strengths distinguish the bank from its peers in Canada and around the world
The bank will invest $2 million into research at Ben-Gurion University’s Cyber-Security Research Center
Deposit rates have not risen as quickly as loan rates
Manulife named most valuable insurance brand in Canada