RBC

Surge in Banker Bonuses: Canada’s Top Six Lenders Boost Pool by 12%

18 days ago

In a significant development for the financial industry, Canada’s six largest lenders have increased their bonus pools by 12%, showcasing a robust financial performance despite economic uncertainties. This boost adds to the ongoing conversation about remuneration in the banking sector, particularly when juxtaposed against the backdrop of rising living costs and inflation across the country.

Royal Bank of Canada Surpasses Expectations with Strong Revenue Performance

19 days ago

The Royal Bank of Canada (RBC), one of the largest financial institutions in the country, has announced robust financial results that exceeded analyst expectations. The bank's performance in the most recent quarter showcased a remarkable increase in revenue alongside lower provisions for loan losses. These results reflect the institution's resilience in a fluctuating economic climate.

Microsoft and RBC Invest in Pioneering Canadian Carbon Removal Startup

1 month ago

In a significant move towards combating climate change, tech giant Microsoft and the Royal Bank of Canada (RBC) have made a substantial investment in a Canadian startup focused on innovative carbon removal technologies. This partnership highlights the growing importance of sustainable practices among corporate giants and their commitment to reducing greenhouse gas emissions.

UK's Ambitious Housing Target at Risk Due to Labor Shortages, Warns RBC

2 months ago

The United Kingdom's ambitious goal of constructing 1.5 million homes by the end of the decade is under severe threat, according to a recent report from RBC Capital Markets. The analysis points to an acute labor shortage in the construction sector as a primary obstacle that may hinder this target.