Royal Bank Of Canada

• Winnipeg demonstrators protest RBC’s fossil fuel investments

  Winnipeg demonstrators protested RBC's investment in fossil fuels after a report revealed RBC invested over 40 billion in the fossil fuel industry in 2022.

  Environment

  Apr 6
  
• RBC fined $7.5M after Fintrac says bank failed to report suspicious transactions

  Canada's financial intelligence agency has levied a $7.5-million penalty against the Royal Bank of Canada, saying the institution failed to report suspicious transactions.

  Canada

  Dec 5, 2023
  
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• Buyers take ‘upper hand’ in some of Canada’s most expensive housing markets

  Canada's housing markets are slowing under the weight of higher interest rates this fall, with an RBC report arguing that's giving some buyers more choice.

  Money

  Nov 7, 2023
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• OSC tribunal approves $8M settlement over RBC accounting practices

  The Ontario Securities Commission has approved an $8-million settlement with Royal Bank of Canada over issues with its tracking of costs related to internal software development.

  Canada

  Nov 3, 2023
• RBC’s takeover of HSBC Canada may raise banking fees for Canadians, MPs say

  The House of Commons finance committee's report urges the government to reject the $13.5-billion acquisition despite the Competition Bureau's approval.

  Money

  Nov 2, 2023
• RBC’s deal to buy HSBC Canada can go ahead, Competition Bureau says

  After an extensive review, The Competition Bureau said the deal likely won't significantly lessen competition in the banking sector.

  Canada

  Sep 1, 2023
• Mortgage stress looms over Canada’s big banks. What they — and consumers — can do

  Earnings season from Canada's biggest banks show stretched amortizations persist among lenders' mortgage books. Here's what to know if your mortgage is up for renewal.

  Money

  Aug 31, 2023
• National Bank CEO concerned impact of remote work on downtown Montreal

  The CEO of National Bank says he's worried about the impact remote work is having on the vitality of downtown Montreal, but plans to maintain a flexible approach.

  Economy

  Apr 21, 2023
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• Canadian bank reported as biggest fossil fuel funder in the world

  A report from a coalition of environmental groups shows that the Royal Bank of Canada provided over US$42 billion in fossil fuel funding last year.

  Canada

  Apr 13, 2023
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• RBC helped arrange US$5.4B of ‘sustainability-linked’ financing for coal mine operator

  Data showing RBC’s involvement in the credit lines for Germany-based RWE in 2022 raises complicated questions about how banks reach promised climate goals.

  Environment

  Apr 4, 2023