Royal Bank of Canada (RY.TO)
3 Jul 2020
Wed, May 27 2020
* 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.
* TO SLOW THE SPREAD OF COVID-19 RBC ANNOUNCES TEMPORARY BRANCH CLOSURES
FRANKFURT K+S is being advised by Deutsche Bank and Royal Bank of Canada (RBC) as the German mineral miner plans to sell its salt business in North and South America, two people familiar with the matter told Reuters on Wednesday.
FRANKFURT, March 11 K+S is being advised by Deutsche Bank and Royal Bank of Canada (RBC) as the German mineral miner plans to sell its salt business in North and South America, two people familiar with the matter told Reuters on Wednesday.
TORONTO, March 10 Royal Bank of Canada Chief Executive Officer Dave McKay said on Tuesday "fairly material short-term impact" from global measures to contain the coronavirus outbreak is likely, although the economic effects remain difficult to predict.