Newswire.ca – Mon Mar 25, 6:04PM CDT /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, March 25, 2024 /CNW/ – Royal Bank of Canada (TSX: RY) and (NYSE: RY) today announced an offering of $2 billion of non-viability contingent capital (NVCC) subordinated debentures …
Read More »Pierre Poilievre urges Chrystia Freeland to reject proposed RBC takeover of HSBC Canada
Open this photo in gallery: Conservative Leader Pierre Poilievre rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Oct. 19. The Competition Bureau greenlit RBC’s takeover of HSBC Canada in September.Justin Tang/The Canadian Press Conservative Leader Pierre Poilievre is calling for the federal government …
Read More »Banks brace for slowdown as profits come under pressure
Two major Canadian banks are once again building reserves to guard against loan defaults as uncertainty mounts about the prospects of an economic downturn, with Royal Bank of Canada CEO Dave McKay warning that “the end of an economic cycle” is getting nearer. RBC’s RY-T third-quarter profit fell 17 per …
Read More »RBC CEO says employees should be in the office more often
RBC chief executive Dave McKay speaks at the Royal Bank of Canada annual meeting in Toronto on April 6, 2017.Frank Gunn/The Canadian Press The chief executive of Canada’s largest bank is urging employees to return to the office more frequently, and is saying the bank must become more deliberate about …
Read More »National Express Group (OTCMKTS:NXPGF) Now Covered by Royal Bank of Canada
Equities researchers at Royal Bank of Canada assumed coverage on shares of National Express Group (OTCMKTS:NXPGF – Get Rating) in a report released on Tuesday, The Fly reports. The firm set an “outperform” rating on the stock. Other equities analysts have also issued reports about the stock. HSBC initiated coverage …
Read More »Royal Bank of Canada Boosts Neste Oyj (OTCMKTS:NTOIY) Price Target to €56.00
Neste Oyj (OTCMKTS:NTOIY – Get Rating) had its target price upped by Royal Bank of Canada from €51.00 ($52.58) to €56.00 ($57.73) in a report released on Monday morning, The Fly reports. NTOIY has been the subject of several other reports. Societe Generale increased their price objective on Neste Oyj …
Read More »Royal Bank of Canada Reiterates “Outperform” Rating for M&G (LON:MNG)
M&G (LON:MNG – Get Rating)‘s stock had its “outperform” rating restated by Royal Bank of Canada in a research report issued to clients and investors on Friday, MarketBeat.com reports. They presently have a GBX 230 ($2.89) price objective on the stock. Royal Bank of Canada’s target price points to a …
Read More »Conduit (LON:CRE) Receives Sector perform Rating from Royal Bank of Canada
Conduit (LON:CRE – Get Rating)‘s stock had its “sector perform” rating reaffirmed by research analysts at Royal Bank of Canada in a report issued on Friday, MarketBeat Ratings reports. They presently have a GBX 400 ($5.03) price objective on the stock. Royal Bank of Canada’s price target would indicate a …
Read More »Royal Bank CEO calls for ‘orderly’ climate transition amid criticism
Wet’suwet’en Chiefs Namoks, left, Madeek, centre, and Gisdywa traveled to confront and protest Royal Bank of Canada’s funding of Coastal GasLink pipeline and other fossil fuel investments in Toronto on April 7.Nathan Denette/The Canadian Press An ambitious climate plan to cut emissions and sell cleaner energy to the world “could …
Read More »RBC hikes dividend 11%, plans share buyback as earnings fall short of expectations
Royal Bank of Canada’s quarterly profit of $3.9-billion was up 20 per cent year over year but down from the third quarterMark Blinch/Reuters Two major Canadian banks have reported higher fourth-quarter profits and large dividend hikes but still failed to meet Bay Street’s expectations, as narrowing profit margins and lower …
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