Royal Bank Posts Highest Ever Yearly Profit for Canadian Firm, but Growth to Slow Canadian Business
TORONTO (AP) - Royal Bank of Canada Inc. on Thursday reported a record profit of 4.73 Canadian dollars billion ($4.22 billion) in fiscal 2006, the highest annual earnings ever reported by a Canadian bank, but scaled back its projections for growth in the new year.
The Royal Bank of Canada exercises its rights according to the terms of a letter of guaranty of $2,000,000 granted by CNW Group via Yahoo! Finance
Amisk Inc. announces that its consolidated financial results will be affected following the decision by the Royal Bank of Canada to draw the letter of guaranty of $2,000,000 that was granted to Amisk by Société en commandite Sodexfor , to guarantee the amounts due by its 100 % owned subsidiary, E.
Media Advisory & Photo Opportunity - RBC Royal Bank's first branch in Alberta invites you to join its 100th anniversary CNW Group via Yahoo! Finance
To celebrate its 100th anniversary, RBC's Edmonton Main Branch - which was also the Royal Bank of Canada's first branch in Alberta - is holding a special community celebration from 11:30 a.m. to 2 p.m. on Tuesday, December 12.
Canada's S&P/TSX Rises, Paced by Financials; Royal Bank Gains Bloomberg.com
Dec. 4 (Bloomberg) -- Canadian stocks advanced for a fourth day, led by financial shares such as Royal Bank of Canada. The Standard & Poor's/TSX Composite Index added 43.84, or 0.3 percent, to 12,798.59 as of 9:49 a.m. in Toronto.
Royal Bank of Canada "outperform," target price raised New Ratings
NEW YORK, December 4 (newratings.com) - Analyst J Bantis of Credit Suisse maintains his "outperform" rating on Royal Bank of Canada ( RY.NYS ), while raising his estimates for the company. The 12-month target price has been raised from C$55 to C$59.
Royal Bank of Canada announces preferred share issue CNW Group via Yahoo! Finance
Royal Bank of Canada today announced a domestic public offering of $200 million of Non-Cumulative First Preferred Shares Series AD .
Royal Bank of Scotland 2006 Profit to Rise on Loans Update5 Bloomberg.com
Dec. 6 (Bloomberg) -- Royal Bank of Scotland Group Plc, the largest arranger of syndicated loans in Europe, said earnings probably rose more than 11 percent during a record year for corporate combinations.
Canadian Stocks Advance, Paced by Financials; Royal Bank Gains Bloomberg.com
Dec. 4 (Bloomberg) -- Canadian stocks advanced for a fourth day, led by financial shares including Royal Bank of Canada, on optimism banks' earnings will weather an economic slowdown in the U.S., Canada's biggest trading partner.
RBC Centura completes acquisition of Flag Financial Corporation CNW Group via Yahoo! Finance
RBC Centura Banks, Inc., a wholly owned subsidiary of Royal Bank of Canada , and Flag Financial Corporation today announced completion of RBC Centura's acquisition of Flag Financial.
Canada's six biggest banks set $19B annual earnings record; outlook cautious CP via Yahoo! Canada News
TORONTO (CP) - Canada's six biggest banks have set a new benchmark for profitability, smashing their previous full-year earnings record with total net income of $19 billion for 2006.
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