Royal Bank Of Canada

• 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
  
• 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
  
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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
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• Climate activists rally against RBC in Kingston, Ont.

  For the second time in under two weeks, people rallied in front of RBC in downtown Kingston to protest RBC's spending on fossil fuels.

  Canada

  Apr 1
• RBC posts smaller Q1 profit of $3.2B, puts aside more money to cover credit losses

  Royal Bank of Canada is joining other Canadian lenders in posting a lower profit in the first fiscal quarter while raising money set aside to cover loan defaults.

  Money

  Mar 1
• RBC now sees recession in early 2023, more job losses amid ‘cracks’ in economy

  Royal Bank of Canada is accelerating its timeline for an expected recession to hit the country and now saying more jobs will be lost in the downturn.

  Economy

  Oct 12, 2022
• Kingston Police looking for suspect in Princess Street bank robbery

  The suspect is described as being between 20 and 30 years old, and was wearing a black "north face" sweater, raptors ball cap and dark jeans at the time of the robbery.

  Crime

  Sep 29, 2022
• Fossil fuel sector needs investment to reduce emissions: RBC exec

  Royal Bank of Canada executives say investment is needed not just in green energy companies, but also in the fossil fuel industry, if Canada is to meet its climate change targets.

  Canada

  Sep 20, 2022
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• When will home prices bottom out in Canada? RBC says spring

  Royal Bank of Canada is calling for average home prices across the country to bottom out in the spring with a decline of 14 per cent from last February's highs.

  Economy

  Sep 16, 2022
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• RBC says 80K variable mortgage customers could reach ‘trigger point’ as rates rise

  On an adjusted basis, RBC said it earned $2.55 per diluted share for the quarter compared with an adjusted profit of $3.00 per diluted share a year earlier.

  Canada

  Aug 24, 2022