RBC
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RBC hikes quarterly dividend 11% despite fourth-quarter profit missRBC said Wednesday it will now pay a quarterly dividend of $1.20 per share, up from $1.08 per share. It also says it plans to buy back up to 45 million of its shares.MoneyDec 1, 2021
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Canadian banks rapidly shifting to cloud amid COVID-19, fintech competitionCloud-based systems, sometimes run privately by banks and more commonly by third-party tech giants, allows data to move faster and more freely.CanadaNov 28, 2021
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Delta surge may slow, but won’t stop, economic momentum: RBC CEOThe results came as RBC reversed $540 million of its provisions for credit losses in the quarter compared with the $675 million it set aside in the same quarter last year.MoneyAug 25, 2021
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Most big banks requiring Canadian, U.S. staff to be vaccinated against COVID-19The move comes after the Royal Bank of Canada introduced itself on Thursday as the first of Canada's major banks to officially introduce a vaccine mandate.HealthAug 19, 2021
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Forest product prices show continued strength, industry analysts reportSuggestions that lumber and OSB prices are set to tumble are unlikely, one bank analyst said in a report to investors.CanadaMay 22, 2021
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Clavet Junction will stay open for now after new backers come throughThe owner of a small business in Clavet, Sask., believes in miracles after she received a letter of intention to purchase a day before a deadline handed down by RBC.CanadaMay 16, 2021
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Forced closure of Clavet, Sask. business has nearby community puzzledThe Domo Clavet Junction near the village of Calvet will be taken over by RBC at the end of April after the bank said the business saw a drop in overall revenue.CanadaApr 26, 2021
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‘I had to do something’: Bystander records confrontation inside Lethbridge bankIn the video, a man can be seen straddling a woman, who is face down on the floor near the ATMs inside the Royal Bank of Canada branch.CrimeFeb 23, 2021
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Fraud charges laid against former Summerland, B.C., bankerAn employee of the Royal Bank in Summerland has been charged with defrauding half a dozen customers over several years.CanadaFeb 19, 2021
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Feds should require banks to share race related data on services, business groups sayNadine Spencer, president of Black Business and Professional Association, says Black business owners grapple with microaggressions, unconscious bias and discrimination in banking.CanadaFeb 6, 2021
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