Bank unveils new preferred share issue
RBC teams up with Planned Lifetime Advocacy Network
Bank responds to client demands for more localized banking capabilities abroad
RBC and BMO CEOs to forego 2008 mid-term and long-term compensation
Five Canadian firms honoured
Expanded role will oversee technology and operations
Royal Bank of Canada is increasing the size of its preferred share offering in response to strong investor demand, the bank said Thursday.On Wednesday, the bank announced a $200 million offering.The bank also granted the underwriters an option to purchase up to an additional 3 million shares at the same offering price of $25 a […]
Issue of 8 million preferred shares expected to close Jan. 29
Shares to yield 6.25% annually
Advocates say the decision of Royal Bank to leave OBSI does not serve the public interest