Royal Bank Of


RBC Rakes It In

TORONTO - Strong performance at RBC's Canadian operations helped the country's largest bank increase its fourth-quarter profit to $2.33 billion, up 11 per cent from a year earlier.Royal Bank of Canada...

RBC Warns Of Layoffs

TORONTO - Royal Bank of Canada (TSX:RY) expects an undetermined number of job losses as it refocuses its RBC Wealth Management division.An RBC Wealth spokeswoman confirmed Friday that RBC will exit it...

New Heights Of Profit

TORONTO _ Canada's largest bank is hiking its dividend for common shares by six per cent after reporting a record third-quarter profit that beat analyst estimates. Royal Bank of Canada (TSX:RY) said F...

Mortgage Rate War Is Back

UPDATE: Another big Canadian bank has lowered some of its mortgage rates slightly after an initial reduction by the Royal Bank over the weekend. TD Canada Trust (TSX:TD) now has a posted discounted ra...

Royal Bank Chief's Frosty Meeting

The head of the Royal Bank of Canada met with B.C. union leaders on Wednesday to discuss the contentious issue of outsourcing and foreign workers. The meeting between the unions and RBC chief executi...

How Journalists Spun RBC

The fact of the matter is that RBC didn't fire Canadian employees; a firm they contracted did. RBC responded by parading their senior executives in front of reporters with a factual account of the story, however no one wanted to hear it.

Just The Beginning

The Royal Bank of Canada has issued a printed apology to workers affected by their outsourcing arrangements, but the bank's public relations problems haven't gone away. After a week of backlash follo...