[ad_1] Economic forecasts predicting interest rate cuts in 2024 are too optimistic, according to National Bank of Canada NA-T chief executive officer Laurent Ferreira, as concerns mount that persistently high…
Tag: RBC
HSBC sale to RBC ‘a sad day for Canadian mortgage consumers,’ expert says | CBC News
[ad_1] The rubber-stamped sale of HSBC’s Canadian operations to Royal Bank will lessen competition on mortgage rates, says one analyst who touted the bank’s key role in lowering borrowing costs through…
RBC CEO says bank can still reap savings from HSBC Canada deal despite promising Ottawa it will retain jobs
[ad_1] Open this photo in gallery: Left: The HSBC Bank branch in Toronto on Nov. 29, 2022, and right, a man walks by an RBC sign near Bay and King…
Freeland approves RBC’s $13.5-billion takeover of HSBC Canada with conditions
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Canada’s bank regulator keeps capital buffer unchanged, says lenders can absorb losses
[ad_1] Open this photo in gallery: Bank towers are seen from Bay Street in Toronto’s financial district in this file photo.Adrien Veczan/The Canadian Press Canada’s banking regulator maintained the capital…
Canada’s anti-money laundering agency imposes C$7.5 million penalty on RBC
[ad_1] A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing Rights TORONTO, Dec 5 (Reuters) – Canada’s anti-money laundering…
Canada’s anti-money-laundering agency levies largest-ever fine against RBC
[ad_1] Canada’s federal agency responsible for preventing and combatting money laundering and terrorist financing imposed its largest-ever fine Tuesday on Royal Bank of Canada. The $7.475-million penalty was levied after…
Canada’s RBC, CIBC beat profit estimates; TD misses on higher loan provisions
[ad_1] FILE PHOTO: A Royal Bank of Canada (RBC) logo is seen on Bay Street in the heart of the financial district in Toronto, January 22, 2015. REUTERS/Mark Blinch/File Photo/File…
The S&P 500 will jump to a new record high of 5,000 next year, RBC says, joining bullish outlooks on 2024
[ad_1] S&P 500 will end next year at 5,000, RBC Capital Markets said, joining bullish 2024 views. Strong investor sentiment and buoyant equity valuations will carry the index to a…