Wealth and Asset Management
RBC Posts Record Earnings of C$20.4 Billion, Boosts Profitability Target
Royal Bank of Canada beat estimates on strong results in its capital-markets and wealth-management divisions, capping off a year of brisk trading activity, and set higher targets for returns on shareholders’ capital. Canada’s biggest lender earned C$3.85 a share on an adjusted basis in its fiscal fourth quarter, according…
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