Legal
RBC Takes $15.8 Million Charge on Wealth-Management Business
Royal Bank of Canada, the country’s second-largest lender by assets, took an C$18 million charge in the fiscal fourth quarter tied to its wealth-management business. Royal Bank is exiting wealth management in the Caribbean and closing some international-advisory and private-banking groups in Canada and the U.S. as its seeks to…
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Click here to read the full story: Bloomberg