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A high-level panel of finance .... More »
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RBC boosts annual profit by 11 per cent, up to $10.3B – CTV News
– news.google.ca
CTV NewsRBC boosts annual profit by 11 per cent, up to $10.3BCTV NewsTORONTO — Royal Bank of Canada (TSX:RY) reports that its 2015 profit was $10.03 billion, an 11 per cent increase from last year. That included $2.59 billion in the fourth quarter ended Oct. 31, which was also up 11 per cent. RBC's profit amounted to …Royal Bank boosts annual profit by 11% to $10.03 billionCBC.caRBC fourth-quarter earnings beat estimates on retail bankingReuters CanadaRBC profit climbs 11% to record, led by capital markets businessThe Globe and Mail (subscription)all 21 news articles »
What is a fair fee to pay my financial adviser?
– theglobeandmail.com
No description available
Royal Bank boosts annual profit by 11% to $10.03 billion
– canadianbusiness.com
TORONTO – Royal Bank of Canada (TSX:RY) reports that its 2015 profit was a record $10.03 billion, an 11 per cent increase from last year.
That included $2.59 billion in the fourth quarter ended Oct. 31, which was also up 11 per cent.
RBC’s profit amounted to $1.74 per common share for the quarter — above analyst estimates — and $6.73 for the full year. Its quarterly dividend remains 79 cents per share, payable Feb. 24.
“We had record earnings of $10 billion in 2015, reflecting the strength of our diversified business model and our ability to execute our growth strategy in a changing environment,” Dave McKay, RBC president and CEO, said in a statement.
Royal’s fourth-quarter growth was largely driven by its capital markets operations, which increased its net income by 38 per cent or $153 million to $555 million.
Its corporate support arm also benefited from a favourable tax adjustment, which pushed up that segment’s net income to $200 million from $126 million in the fourth quarter of 2014…
That included $2.59 billion in the fourth quarter ended Oct. 31, which was also up 11 per cent.
RBC’s profit amounted to $1.74 per common share for the quarter — above analyst estimates — and $6.73 for the full year. Its quarterly dividend remains 79 cents per share, payable Feb. 24.
“We had record earnings of $10 billion in 2015, reflecting the strength of our diversified business model and our ability to execute our growth strategy in a changing environment,” Dave McKay, RBC president and CEO, said in a statement.
Royal’s fourth-quarter growth was largely driven by its capital markets operations, which increased its net income by 38 per cent or $153 million to $555 million.
Its corporate support arm also benefited from a favourable tax adjustment, which pushed up that segment’s net income to $200 million from $126 million in the fourth quarter of 2014…
Jones Lang LaSalle opens Canadian investment banking unit
– theglobeandmail.com
Commercial real estate firm wants to spur domestic deals and also attract more foreign investment in everything from Canadian office buildings to shopping malls to warehouses
Chennai floods live: City marooned after torrential rains, PM Modi takes stock … – Firstpost
– news.google.ca
FirstpostChennai floods live: City marooned after torrential rains, PM Modi takes stock …FirstpostPrime Minister Narendra Modi on Wednesday took stock of the flood situation in Tamil Nadu and discussed it with his cabinet colleagues, including the Home and Finance Ministers. "I want to inform the House that today morning the Prime Minister met the …Life comes to grinding halt in Chennai, suburbsTimes of IndiaChennai Floods: IT companies invoke alternate plans as rain hits the cityDaily News & AnalysisUPDATE 4-Record rains flood south Indian state; more to comeReutersIndiatimes.com -The Indian Express -onmanoramaall 949 news articles »
