Provision for credit losses climbs to $619 million
Royal Bank of Canada will no longer use OBSI for banking complaint resolution, launching its own service instead
Offering to help bank maintain strong capital ratios
Loan losses estimated at $620 billion
ADR Chambers to provide independent appeal process
Royal Bank of Canada today announced a domestic public offering of $200 million of Non-Cumulative, 5 year rate reset Preferred Shares Series AL.The bank will issue eight million Preferred Shares Series AL priced at $25 per share and holders will be entitled to receive non-cumulative quarterly fixed dividend for the initial period ending Feb. 24, […]
Repurchase offer extended to 2,200 U.S. retail brokerage clients
Current market more difficult than “even the most bearish” predictions
Royal Bank of Canada today announced a domestic public offering of $225 million of Non-Cumulative, five-year rate reset Preferred Shares Series AJ.The bank will issue 9 million Preferred Shares Series AJ priced at $25 per share and holders will be entitled to receive non-cumulative quarterly fixed dividends for the initial period ending Feb. 24, 2014 […]
Wealth management net income up 5%