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
Credit rating agency DBRS is signing off on the two big bank acquisitions announced today.DBRS has confirmed the ratings of TD Bank following the announcement that it has signed a definitive agreement to acquire 100% of the common shares of Commerce Bancorp, Inc. in an US$8.5 billion deal. Additionally, DBRS says that Royal Bank of […]
US$2.2 billion deal gives RBC operations in 18 Caribbean countries and territories
Royal Bank of Canada today reported a 19% in third quarter profit driven by strong results in Canadian banking, capital markets and wealth management.The bank also raised its dividend by 9%, to 50¢ a share.The bank said it earned $1.395 billion, or $1.06 a share, in the three months ended July 31. That compared to […]
More than a third of those aged 55 and over still have a mortgage on their homes
Comparative figures revised to reflect creation of new wealth management segment
Students and seniors well-served already