RBC

Canadian banks want bigger piece of U.S. wealth management

08/24/17

Big banks north of the border are rapidly expanding their U.S. wealth divisions, competing with their stateside peers for higher-income clientele.

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Amex settles with CFPB; Japan's largest bank targets U.S.

08/24/17

The credit card issuer paid $95 million to settle charges it offered inferior terms to customers in American territories; Mitsubishi UFJ wants to become a top 10 U.S. bank.

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RBC's gains in Canadian Banking bode well for peers

08/23/17

Royal Bank, the first Canadian lender to report fiscal third-quarter results, saw a jump in profit from its domestic banking operations amid signs that the nation's economy is accelerating.

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RBC's job cuts are latest sign of strain among Canadian banks

06/21/17

Royal Bank of Canada, the country’s second-largest lender by assets, is cutting about 450 positions, mostly at its headquarters.

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A 'digital CFO' in customers' pockets: Where banking should go

06/13/17

Digital banking services should solve consumers' problems and offer them advice, and they must rely on artificial intelligence and other cutting-edge technology, bankers from TD, RBC and Bank of the West said.

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Conditions chilly at home, Canadian banks seek U.S. expansion

05/26/17

Canada's big banks are pursuing wholesale banking, capital markets and select M&A opportunities across the border to hedge against a slowing mortgage market and other economic concerns on the home front.

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Growth in U.S. bolsters Royal Bank of Canada's 2Q profit

05/25/17

Royal Bank of Canada got an earnings boost from its U.S. capital markets business and its ownership of City National Bank in Los Angeles, helping to offset softer growth at home.

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Canadian banks pick IBM blockchain to expand digital identity project

03/20/17

Canadian banks are hoping to create an environment where consumers have more control as to who is able to view their credentials.

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Rally in U.S. bank stocks flummoxes Canadian acquirers

02/24/17

CIBC’s CEO vows to stay “disciplined” in his bid to buy PrivateBancorp, even as some of the Chicago bank’s investors say the deal is insufficient. The head of RBC, meanwhile, said it will pursue organic growth instead of acquisitions, at least for a while.

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RBC's U.S. expansion paying dividends

02/24/17

Canada's largest lender reported double-digit profit growth in its latest quarter in part because of CEO David McKay's focus on expanding in private wealth and commercial banking in the U.S.

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