At its annual meeting in Toronto, Royal Bank of Canada today announced the election of Edward Sonshine to its board of directors.Sonshine is president and CEO of RioCan Real Estate Investment Trust based in Toronto.
Q1 income drops 17%
Deal expands RBC Centura network to more than 430 Southeast locations
Montalbano to be CEO of combined PH&N and RBC asset management business
Total authorized amount is $13.3 billion
RBC Centura will be 47th largest bank in the U.S.
Strong growth of the Indian economy presents huge opportunities, Nixon says
Bank to write off balance of exposure to monoline insurer in Q1 results
Bank takes $160 million writedown on U.S. subprime holdings
Net impact on fourth quarter earnings expected to be modest