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Royal Bank of Canada expects its struggling unit in the U.S. to be "a net contributor" to Canada's biggest lender and is bullish about the opportunities south of the border, CEO Dave McKay told Reuters on Wednesday. City National Bank, which RBC acquired in 2015 under McKay's watch, required capital injection and saw shake-up of its top executives last year as the regional banking crisis in the United States roiled smaller financial institutions. "This is, for us, a good pause to reset the foundation for the next leg of growth and we're very positive that City N...

Royal Bank of Canada expects its struggling unit in the U.S. to be a net contributor to Canada's biggest lender and is bullish about the opportunities south of the border, CEO Dave McKay told...

HSBC Holdings PLC on Tuesday said it would pay shareholders a special dividend after completing the sale of its Canadian business. The Asia-focused lender will make a USD0.21 special payout to...

/CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada"). "Today marks...

Royal Bank of Canada beats earnings expectations. Reported EPS is $2.85, expectations were $2.06.