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
Capital will be used for general corporate purposes
Bank boosts dividend by 15%
Three more branches using Bullfrog Power
Dual citizens must meet anti-money laundering requirements, bank says