RBC

Canadian bank CEOs say they’re able to adapt to the higher credit requirements the banking regulator has set in response to rising economic vulnerabilities. Speaking Monday at a Toronto conference organized by Royal Bank of Canada,…

Royal Bank of Canada raised its dividend as it reported a fourth-quarter profit of $3.88 billion compared with $3.89 billion in the same quarter last year. The bank said Wednesday it will now pay a quarterly dividend of $1.32 per…

Royal Bank of Canada has agreed to pay $13.5-billion in cash for HSBC Bank Canada in what is the largest domestic banking deal on record. The acquisition, at a scale not seen in Canada in decades, would secure RBC’s spot as the…

Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last month. Statistics Canada is expected to release its October report on the consumer…

Royal Bank of Canada, an early predictor of a recession in 2023, now expects the country’s economic downturn will hit sooner and with more job losses than first expected. RBC updated its prediction in a note to clients Wednesday…