Royal Bank of Canada (RY.TO)
31 Jul 2020
Wed, Jul 29 2020
Royal Bank of Canada said on Tuesday it reached a mutual agreement to end all sponsorships with and donations to Canada's WE Charity, which has been drawn into controversy surrounding an ethics inquiry into Prime Minister Justin Trudeau.
(This July 6 story corrects to say Canadian Imperial Bank of Commerce has one black board director instead of "none of the top six banks had either a Black CEO or a board member")
TORONTO, July 6 Royal Bank of Canada is committing C$150 million ($111 million) to racial diversity initiatives and aims to increase the proportion of non-white executive hires to 30% from 20%, Canada's biggest lender said on Monday.
TORONTO, July 6 Royal Bank of Canada is committing C$150 million ($111 million) to racial diversity initiatives and aims to increase the proportion of non-white executives to 30% from 20%, Canada's biggest lender said on Monday.
* RBC CEO SAYS WHILE HOUSING MARKET RECOVERY WILL BE GRADUAL AT FIRST, RISK OF A SHARP NEAR-TERM PRICE DECLINE IS LOW - CONF CALL
May 27 Royal Bank of Canada reported a 54% drop in quarterly profit on Wednesday, as the lender kept aside more funds to cover bad loans amid the COVID-19 crisis that has battered the economy.
TORONTO, April 8 Royal Bank of Canada has processed about 250,000 payment deferrals on mortgages and other loans to help navigate its customers through the COVID-19 crisis, its chief executive told shareholders on Wednesday.
TORONTO, March 30 Royal Bank of Canada will not cut jobs in 2020 as a result of coronavirus outbreak, Dave McKay, chief executive of Canada's biggest lender said in an employee memo shared by the company.
March 25 An AG Mortgage Investment Trust unit on Wednesday sought to prevent Royal Bank of Canada (RBC) from auctioning off nearly $11 million of its commercial mortgage-backed securities the lender is a counterparty to, according to a court filing.
March 25 AG Mortgage Investment Trust on Wednesday sought a court order to prevent Royal Bank of Canada (RBC) from auctioning off nearly $11 million of commercial mortgage-backed securities that serve as collateral for defacto loans to AG, according to a court filing.