4 hrs ago
RBC Under Nixon Canada's Most Profitable Company
Royal Bank of Canada generated the most profit of companies in Canada 's benchmark Standard & Poor's/TSX Composite Index since Chief Executive Officer Gordon Nixon took over in August 2001.
Sun Jul 27, 2014
U.S. derivatives regulator prepares for courtroom showdowns
The U.S. federal agency regulating derivatives has fought just three trials since 2011, all against small-time fraudsters in Florida.
Thu Jul 24, 2014
Dupont Fabros Technology, Inc. Files (8-K) Disclosing Entry into a...
DUPONT FABROS TECHNOLOGY, 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 unsecured term loan facility to, among other things, reduce the rate at which borrowings under the Facility ... (more)
Wed Jul 23, 2014
On My Bookshelf: Flash Boys
This month, I read Michael Lewis' most recent book, Flash Boys . In it, Lewis exposes Wall Street's newest breed of scammers: high-frequency traders .
Why Canada's big banks smell profit in a U.S. invasion
Canadian banks are moving to scoop up market share in the United States, as the big U.S. banks deleverage to comply with new regulations and European banks retrench to meet stringent new capital requirements, according to analysts.
Tue Jul 22, 2014
Students' finances not always clear to parents: RBC poll
Parents with children in university may not be fully aware of their financial situation, according to a new survey commissioned by the Royal Bank of Canada.
Worcester Telegram & Gazette
EMC faces $10B test to counter call for breakup
EMC Corp. needs to convince investors that keeping the company together is worth more than the estimated $10 billion that could be unlocked in a breakup.
Mon Jul 21, 2014
MOVES-Paul Tomasic leaves Citi to join RBC as head of healthcare M&A- sources
Healthcare M&A banker Paul Tomasic has left Wall Street bank Citi to join Royal Bank of Canada to lead its healthcare investment banking coverage in Europe, two sources familiar with the matter told Reuters on Monday.
Sun Jul 20, 2014
Payday for BGE advisers despite a 400m shortfall
Bord Gais spent a 27m on lawyers, financial advisers and staff assigned to the sale of its energy business, despite the fact that the unit sold for a 400m less than hoped.
Fri Jul 18, 2014
The Globe and Mail
RBC touting U.S. mortgages for cash-paying snowbirds
The Globe's Real Estate Beat offers news and analysis on the Canadian housing market from real estate reporter Tara Perkins.
Thu Jul 17, 2014
The Globe and Mail
RBC lures health care banker from Jefferies
The capital markets arm of Royal Bank of Canada is bulking up its health care investment banking group in the U.S., adding a banker from Jefferies & Co.
The Globe and Mail
Bond investors rankled by RBC's $1-billion debt offering
The group that represents Canada's biggest bond investors is frustrated with the way Royal Bank of Canada sold its latest debt offering, and has requested that regulators do something to address the issues.
Wed Jul 16, 2014
UBS Cements Lead As Largest Private Bank, Assets Near $2 Trillion: Study
UBS cemented its lead over U.S. brokerage Bank of America as the world's largest private bank and is within striking distance of managing $2 trillion on behalf of the wealthy.
The Washington Post
Abbott's Asset Sale Provides Ammunition for Perrigo: Real M&A
Free from an underperforming unit, Abbott Laboratories is positioned to go after potential targets from Insulet Corp. to Perrigo Co.
Mon Jul 14, 2014
Canadian Currency May Erase Gains, RBC Says: Technical Analysis
Canada's dollar may reverse a trend and erase five weeks of gains if it weakens past a key technical level, according to Royal Bank of Canada.
Fri Jul 11, 2014
RBC Sells First Bond by Canadian Bank to Satisfy Basel III Rules
Royal Bank of Canada said it sold C$1 billion of junior-ranking bonds that comply with Basel III regulatory capital requirements.
Canada employment growth sputters; 9,400 jobs lost in June
Canada unexpectedly shed 9,400 jobs in June and the unemployment rate rose to 7.1 percent from May's 7.0 percent, underlining how employment growth has stalled despite a recovery in the United States.
Your Practice-Long weekends no longer lure job-hopping financial advisers
When financial adviser Mike Gegen made the final decision to leave his job at RBC Capital Markets to move to Baird Financial Group, he resigned on May 23, the Friday morning before the three-day Memorial Day weekend, and within one hour, he was on the phone persuading clients to move with him.
Royal Bank of Canada declares preferred share dividend
According to RBC, the dividend is payable on and after August 22, 2014, for the period from June 3, 2014 to, but excluding, August 24, 2014, to shareholders of record at the close of business on July 24, 2014.