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RBC Eyes Bigger Cut of $40 Billion in U.S. Investment-Bank Fees

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Royal Bank of Canada seeks to capture as much as 4.5 percent of the $40 billion pool of U.S. investment-banking fees within three years as it expands operations in the world’s largest market for deal-making. Royal Bank currently collects 3.5 percent of fees paid to investment banks for U.S. activities…

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