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Purchase strengthens 10-year relationship with money manager
First North American financial institution to sign-on
Moody’s Investors Service has affirmed the ratings of Royal Bank of Canada (RBC) following its second quarter 2008 earnings announcement in which it reported a $854 million writedown, before taxes and compensation adjustments, on a variety of structured credit activities.For the quarter, RBC reported net income of $928 million. RBC is rated B+ for bank […]
Q2 earnings take hit from writedowns and increased provisions for credit losses
Provides day-to-day global banking services for small and commercial firms
Q2 writedowns no surprise, analysts say
New fund to focused on Investing in mobile applications and services
Revision reflects reduced prospects U.S. retail banking operations
High interest, no minimum monthly balance and free unlimited real-time online transfers to other RBC accounts are just some of the benefits of RBC’s new U.S. dollar, high interest, online personal savings account, launched today, the first offered by a major Canadian bank.The new RBC US High Interest eSavings account will offer an introductory rate […]