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Royal Bank of Canada engages in the provision of banking and financial solutions. It operates through the following segments: Personal and Commercial Banking; Wealth Management; Insurance; Investor and Treasury Services; Capital Markets; and Corporate Support. Read More The Personal and Commercial Banking segment deals with a broad suite of financial products and services in Canada. The Wealth Management segment offers a comprehensive suite of investment, trust, banking, credit, and other wealth management solutions to institutional and individual clients through its distribution channels and third-party distributors. The Insurance segment refers to a range of life, health, home, auto, travel, wealth, group, and reinsurance products. The Investor and Treasury Services segment comprises of asset services and a provider of cash management, transaction banking, and treasury services to institutional clients worldwide. The Capital Markets segment covers banking, finance and capital markets to corporations, institutional investors, asset managers, governments, and central banks around the world. The Corporate Support segment consists of technology and operations services. The company was founded by J. W. Merkell, Edward Kenny, T. C. Kinnear, James B. Duffus, William Cunard, John Tobin, George P. Mitchell and Jeremiah Northup in 1864 and is headquartered in Toronto, Canada.
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Financial PostMay 24
'Reputation risk:' Former RBC trader alleges he was fired on the word of a 'convicted fraudster'
For more than six years, John Kurgan worked as a specialist in commodities and futures trading at Canada’s biggest bank. He became a senior vice-president at Royal Bank of Canada’s wealth management unit, where he was the top commodities trader in 2016 and took in more than $3.2 million in revenue for the bank. He was rewarded for his work with offers of trips to Mexico, California, and Miami Beach. All that changed in late January last year, when Kurgan says he was called into a meeting with two of his su...
Canada's RBC, TD Bank raise bad debt provisions as slowing economy bites
(Reuters) - Royal Bank of Canada and Toronto-Dominion Bank, Canada’s two largest lenders, beat analysts’ estimates for quarterly profit on Thursday as strong loan growth boosted interest income, but a spike in provisions for soured loans spooked investors.
Seeking AlphaMay 23
Royal Bank of Canada CEO Dave McKay on Q2 2019 Results - Earnings Call Transcript
Royal Bank of Canada (NYSE:RY) Q2 2019 Earnings Conference Call May 23, 2019 8:00 AM ET Company Participants Nadine Ahn - Head of Investor Relations Dave McKay - President and Chief Executive Officer Rod Bolger - Chief Financial Officer Graeme Hepworth - Chief Risk Officer Doug McGregor - Group Head, Capital Markets and Investor and Treasury Services. Neil McLaughlin - Group Head of Personal and Commercial Banking Doug Guzman - Group Head, Wealth Management and Insurance Conference Call Participant...
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