Insurer has been working to shed assets with a low return on equity
Division was a bright spot as annual revenue fell by 2.1%
The plan hopes to position the company as an alternative bank
The results put RBC as the best banking performer of the quarter: analyst
The bank's Canadian commercial banking and wealth management business earned $456 million in Q2
Despite challenges, overall revenue grew
Strong revenues boost earnings amid rising provisions, charges
Potential impact on bank's growth in U.S. market is a longer-term risk
Brighter earnings prospects underpin growing optimism, survey finds
Firm posts $154.4-million loss as investors exit balanced funds, cash-like products