02/26/2014

RBC Wealth Management net income up $6 million

Wealth Management net income was $235 million, up $6 million or 3% compared to last year, mainly due to higher average fee-based client assets resulting from capital appreciation and strong net sales.

02/26/2014

Malta QROPS look at paying out to under 55s

Some Qualifying Recognised Overseas Pension Schemes are seeking to steal a march on their rivals by stretching pension rules to let retirement savers access their cash before they are 55 years old.

02/17/2014

Trinidad: Quiet time at RBC says Sookoo

Royal Bank of Canada chief executive officer Suresh Sookoo is maintaining the company’s corporate policy of a “quiet time,” even in the face of numerous reports of uneasy customers.

02/12/2014

RBC Royal Bank Jamaica deep into the red last year

An unusually large tax bill and a big write-off of bad loans pushed RBC Royal Bank Jamaica deep into the red last year, with a reported net loss of $3 billion, according to its newly released annual financial statements.

02/11/2014

RBC Wealth Management continues award-winning streak

RBC Wealth Management has been recognised as having the ‘Best Private Banking Services Overall’ in Jersey, and number one in 13 further categories, by Euromoney, a global banking publication.