Lackluster trading, rising expenses crimp operating profits
Firm intends to hire another 15-20 brokers
Starts year with record high revenue, income
Structured financing boosts earnings
Q2 profit jumps 23%
Royal Bank of Canada today reported its second-quarter profit rose 19%, bolstered by strong performance across all business units.The bank said net income for the quarter ended April 30, was $907 million, or $1.37 a share, up from $760 million, or $1.14 per share, in the year-before period.The Canadian personal and business banking unit improved […]
Operating profits climb 3.4%