Canadian wealth management, insurance advisory shops are hot properties as M&A activity ramps up
The company bought back the 20% stake in the business that was owned by Scotiabank in 2023
The company refuted a media report that a sale could be in the works
RBC still requires the credential in retail branches, FSRA provides date for forthcoming title protection review
While AUM and client household numbers varied across the three channels, there was slight average asset growth
The firm’s global wealth management business earned $216.5 million
Industry support is broader for proposed exam-based model
Ahn was fired from her RBC role in April
Terri-Lee Weeks will take over from Gillian Riley when she retires Nov. 1
Bonnie Lysyk, along with Josée Turcotte, will support the regulator in delivering its strategic plan