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RBC Financial Group News

News on RBC Financial Group (Ticker: RY) continually updated from thousands of sources around the net.

Tuesday | The Chronicle Herald

TAYLOR: Site plan delays causing woes for Halifax developer

Most of the exterior work at the RBC Waterside Centre building on Hollis Street is complete, the bank says.

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Related Topix: Canada, Banking, Financial Services

Tuesday | Bloomberg

RBC Said to Hire Brad Scott From BofA in Mortgage Trading Push

Royal Bank of Canada hired U.S. mortgage-bond trader Brad Scott from Bank of America Corp. as Canada 's second-largest lender bolsters its investment bank in the U.S., two people with knowledge of the move said.

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Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Bank of America, Financial Markets, Merrill Lynch and Co, Investment Services

Tuesday Apr 22 | The Globe and Mail

Canadian home buyers putting up bigger down payments, lenders say

RBC's senior vice-president of home equity financing says that down payments are rising not just in terms of dollar value, but also in terms of the percentage that they make up of the mortgage loan.

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Related Topix: North America, Canada, World News, Banking, Financial Services, Home, Mortgage, Personal Finance, Housing

Mon Apr 21, 2014

Investopedia

How IEX is Combating Predatory Types Of High-Frequency Traders

Michael Lewis' bestseller "Flash Boys: A Wall Street Revolt" stirred a hornet's nest by shining the spotlight on the controversial subject of high-frequency trading .

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Related Topix: Financial Markets, CPU, Science / Technology, Banking, Financial Services, Science, Computer Science, Mutual Funds, Personal Finance

Wired

Michael Lewis on Exposing Wall Street's Biggest High-Tech Swindle

Author Michael Lewis' newest book, Flash Boys: A Wall Street Revolt , topped The New York Times bestseller list a week after release, and a screen version is rumored to be in the works with bigwig film producer Scott Rudin, whose long list of credits includes There Will Be Blood , The Girl with the Dragon Tattoo , and Lewis' book about the Oakland ... (more)

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Related Topix: Moneyball, Books, Financial Services, Banking

Fri Apr 18, 2014

Hispanic Business

Media General Inc Files (8-K) Disclosing Entry into a Material...

MEDIA GENERAL INC FILES Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits entered into an amendment to its credit agreement with Royal Bank of Canada , as Administrative Agent and a Lender and the ... (more)

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Related Topix: Financial Services, Banking

Thu Apr 17, 2014

MacLeans

High frequency trading's days are numbered

The days of high frequency trading, or HFT firms being able to pick-off unsuspecting buyers and sellers from the digital shadows appear to be fast drawing to a close.

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Related Topix: Financial Services, Banking

Wed Apr 16, 2014

Times-Herald

A confident housing market

A Royal Bank of Canada home buying intention poll of the prairie provinces showed that more people - both young and old - are looking to buy homes in 2014.

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Related Topix: Home Buying, Home, Banking, Financial Services, Canada, Mortgage, Personal Finance

Reuters

Canada FX Debt-C$ flat as market eyes Bank of Canada decision

While the central bank is expected to hold rates steady, the market will examine the bank's language in the report for any change in tone and look at its quarterly economic projections for insight into the direction of monetary policy.

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Related Topix: Financial Services, Banking

Tue Apr 15, 2014

Wall Street Journal

RBC to Close Proprietary-Trading Desk

The Royal Bank of Canada is planning to close one of the last proprietary-trading desks on Wall Street, another win for regulators that have pushed banks to cut back on making big bets with their own money.

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Related Topix: Financial Services, Banking

Freshnews

Vantage Data Centers Refinances and Upsizes Credit Facility to $275...

Vantage Data Centers , a leading provider of data center solutions, today announced that is has amended and upsized its revolving credit facility from $210 million to $275 million.

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Related Topix: Quincy, WA, Banking, Financial Services

Canada NewsWire

Jury announced for 16th annual RBC Canadian Painting Competition

Nine respected members of the Canadian visual arts community have been selected by RBC and the Canadian "We are so grateful to have such an experienced panel of jurors each year for the competition.

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Related Topix: Financial Services, Banking

M2.com

RBC Capital Markets signs onto the Green Bond Principles

As disclosed in a release issued by The International Capital Market Association, who will provide administrative and governance duties over the Green Bond Principles, 25 banks have announced their support of these principles to date which strive to provide voluntary guidelines for the process and development of green bonds.

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Related Topix: Financial Services, Banking

Mon Apr 14, 2014

GlobeNewswire

Mid-Con Energy Partners, LP Announces Borrowing Base Increase of $20 Million to $170 Million

DALLAS, April 14, 2014 -- Mid-Con Energy Partners, LP announced today that it has received lender commitments to increase its borrowing base to $170 million, up 13% from the $150 million in previously established commitments under MCEP's existing $250 million senior secured revolving credit facility .

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Related Topix: Financial Services, Banking

Examiner.com

Guide to Michael Lewis' top 6 'Flash Boys' videos - Is U.S. stock market rigged?

" Flash Boys " is a brand new book by famed writer Michael Lewis about how the U.S. stock market is "rigged"! Yes a U.S. stock market that is "rigged" so much that big investors to small investors retirement money) are being electronically "scalped" and scammed.

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Related Topix: Moneyball, Books, Pension, Personal Finance, Mutual Funds, Retirement, Banking, Financial Services, 60 Minutes, Entertainment, Television

Sat Apr 12, 2014

Green Bay Press-Gazette

Grants starting to trickle in for Little Lake

Little Lake, also known as Bradley Lake, in Sturgeon Bay's Sunset Park, got a boost of support April 1 from both the city and the Rotary Club of Sturgeon Bay.

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Related Topix: Sturgeon Bay, WI, Banking, Financial Services

Thu Apr 10, 2014

CBC News

Jim Flaherty remembered as 'great Canadian' by business community

Jim Flaherty was Stephen Harper's finance minister for eight years until stepping down just last month.

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Related Topix: North America, Canada, World News, Banking, Financial Services, Home, Mortgage, Personal Finance

AmericanBankingNews.com

RBC Capital Receives Consensus Recommendation of "Buy" from Analysts

RBC Capital has earned an average recommendation of "Buy" from the eleven analysts that are covering the stock, Analyst RN reports .

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Related Topix: Banking, Financial Services

Bloomberg

RBC Nice' Pays Off Amid High-Frequency-Trading Outcry

Royal Bank of Canada has become the standard-bearer for a revolt among investors against so-called predatory high-frequency trading practices on both Wall Street and Canada's Bay Street.

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Related Topix: Banking, Financial Services, Canada,

Wed Apr 09, 2014

Bloomberg

Royal Bank of Canada (RBC) signage is displayed outside a branch in Vancouver.

Royal Bank of Canada sued three private wealth clients in Singapore, joining companies including Goldman Sachs Group Inc. seeking money owed by customers after an October stock rout.

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Related Topix: Financial Services, Banking, Goldman Sachs, Investment Services

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