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RBC Financial Group News

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

7 hrs ago | Nova News Now

RBC after school program a hit

An after school program funded by the Royal Bank of Canada continues to be a big hit with South Centennial School students.

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Related Topix: Financial Services, Banking

Sun Feb 12, 2012

The Washington Post

RBC's Trinh `Very Bullish' on Yen, Sees 70 by Year End

Sue Trinh, a senior currency strategist at Royal Bank of Canada in Hong Kong, talks about the outlook for the global currency market and central banks' monetary policies.

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Related Topix: Financial Services, Banking, Business News

Fri Feb 10, 2012

Reuters

on the Move: Veteran MSSB adviser joins RBC Wealth

RBC Wealth Management has hired a veteran adviser from Morgan Stanley Smith Barney who managed $122 million in client assets at his old firm, RBC director Richard Sorenson told Reuters on Friday.

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Related Topix: Financial Services, Banking

The Washington Post

Canada Pension Posts 2.1% Gain as Equities, Bonds Rally

The Canada Pension Plan Investment Board, the country's second-biggest public pension manager, said investments gained 2.1 percent in the fiscal third quarter as stock and bond markets rallied.

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Related Topix: Financial Markets, Banking, Financial Services, Business News

Thu Feb 09, 2012

AmericanBankingNews.com

Deutsche Bank Begins Coverage on NYSE Euronext

Deutsche Bank initiated coverage on shares of NYSE Euronext in a research note issued on Thursday.

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Related Topix: NYX, Inc, Manufacturing, Automakers, Banking, Deutsche Bank AG, Financial Services

Canada NewsWire

British Columbians' optimism about the economy dips: RBC Canadian Consumer Outlook

The percentage of British Columbians who expect to see improvements in their own personal financial situation has remained steady .

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Related Topix: Financial Services, Banking

Canada NewsWire

Economic optimism waning in Atlantic Canada: RBC Canadian Consumer Outlook

Just under one-third of east coast consumers expect to see positive change in the Canadian economy over the next 12 months, compared to 44 per cent in .

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Related Topix: Financial Services, Banking

Canada NewsWire

Canadians losing confidence in economy: RBC Canadian Consumer Outlook

Craig Wright, senior vice-president and chief economist, RBC - comments on the impact of the U.S. economy on Canada /CNW/ - Canadians have lost confidence that the national economy or their personal financial situation will improve any time soon, according to the RBC Canadian Consumer Outlook Index , released today.

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Related Topix: Financial Services, Banking, Personal Finance, Mortgage

Wed Feb 08, 2012

Nikkei Net Interactive

China Inflation Accelerates In January On Holiday Effects

The pick-up in inflation breaks a five-month trend of moderating price increases, raising concerns that Beijing may not be able to loosen policy aggressively to support growth.

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Related Topix: Banking, Financial Services

The Toronto Star

So long, historically low mortgage rates

Toronto-Dominion Bank and Royal Bank of Canada have raised their mortgage rates ahead of schedule, putting an early end to record-low rates.

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Related Topix: Home, Mortgage, Personal Finance, TorontoDominion Bank, Banking, Financial Services

AmericanBankingNews.com

Regal Beloit (RBC) Shares Given New $72.00 Price Target by RBC Capital (RY) Analysts

RBC Capital raised their price target on shares of Regal Beloit from $68.00 to $72.00 in a research note issued on Wednesday.

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Related Topix: Financial Services, Banking, Electronics, Manufacturing, RegalBeloit

Tue Feb 07, 2012

CTV

Boomers beating younger Canadians in retirement planning: RBC

Royal Bank surveyed Canadians aged 18 to 34 and those aged 55 to 69 about their retirement planning ahead of the busy RRSP season.

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Related Topix: Financial Services, Banking, Personal Finance, Retirement

The Globe and Mail

Rob Carrick's Reader: House of the rising insurance premium

The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

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Related Topix: Banking, Financial Services

Mon Feb 06, 2012

Reuters

BMO aims to boost ETF market share, outpace rivals

Bank of Montreal will gain ground against foreign rivals to capture 10 percent of Canada's exchange traded fund market in 2012 as domestic rivals try to decide whether it is too late to enter the burgeoning ETF space, the bank's head of asset management said in an interview.

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Related Topix: Bank of Montreal, Banking, Financial Services, Mutual Funds, Personal Finance

Brandon Sun

Most actively traded companies on the TSX, TSX Venture Exchange markets

Westaim Corp. . Insurer. Down one cent, or 1.89 per cent, at 52 cents on 4,981,534 shares.

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Related Topix: Oil & Gas, Suncor Energy, Telecom, Tele Leste Celular Participaes SA, Banking, Financial Services

Richmond News

RBC makes big donation for small patients

In celebration of the 50th anniversary of the Royal Bank of Canada No. 3 and Williams Branch, the RBC Foundation is making a $25,000 donation to Richmond Hospital.

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Related Topix: Financial Services, Banking

AmericanBankingNews.com

Regal Beloit (RBC) Posts Large Volume Increase, 639,000 Shares Trade Hands.

The stock last traded at $61.54, down from its previous close of $61.63. Separately, analysts at RBC Capital downgraded shares of Regal Beloit from a "buy" rating to a "hold" rating in a research note to investors on Monday, January 30th.

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Related Topix: Financial Services, Banking

Reuters

UPDATE 1-RBC's Nixon takes pay cut after U.S. bank loss

Royal Bank of Canada paid Chief Executive Gordon Nixon C$10.1 million last year, an 8.2 percent decrease from 2010 due to a loss taken from the sale of its U.S. branch banking operation, RBC said on Monday.

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Related Topix: Financial Services, Banking

Houston Home-Journal

RBC chief saw pay cut in 2011

Royal Bank of Canada chief executive Gordon Nixon took home $10.1-million in total direct compensation last year, down 8% from 2010 even though RBC posted a record profit, according to regulatory filings.

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Related Topix: Banking, Financial Services

The Globe and Mail

RBC executives' pay drops in 'challenging' 2011

Mr. Nixon made $10.1-million in total direct compensation last year, down 8 per cent from 2010, according to the bank's proxy circular, which was made public Monday.

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Related Topix: Financial Services, Banking

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