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%
More than 2,600 translators standing by round-the-clock
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