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Canada's OSFI releases draft frameworks to double down on big banks, insurance regulation

Canada s banking regulator released drafts for two frameworks focused on big banks and life insurers on Thursday, betting that tighter regulatory requirements would boost investors and. | June 1, 2023 ....

Shilpi Majumdar , Niket Nishant , Peter Routledge , Dominion Bank , Office Of The Superintendent Financial Institutions , Royal Bank , Financial Institutions , Toronto Dominion Bank , Royal Bank Of Canada Stock Exchange , Press Release , Oost Ry Ca7800871021 ,

Royal Bank of Canada second-quarter profit drops on higher provisions

Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the lender into building higher provisions to prepare for more borrowers falling. | May 25, 2023 ....

Niket Nishant , Rashmi Aich , Royal Bank Of Canada Stock Exchange , Press Release , Orrowers Ry Ca7800871021 ,

Royal Bank of Canada 2Q Profit Slides as Provisions for Credit Losses Mount

By Adriano Marchese


Royal Bank of Canada on Thursday reported better-than-expected revenue in its fiscal second-quarter but a decline in profit after booking a larger provision for credit. | May 25, 2023 ....

Adriano Marchese , Royal Bank , Dow Jones , Royal Bank Of Canada Stock Exchange , Press Release , Or Ry Ca7800871021 ,

Royal Bank of Canada Raises Quarterly Dividend by 2.3%

By Colin Kellaher


Royal Bank of Canada on Thursday said its board raised the quarterly dividend by 2.3% to 1.35 Canadian dollars from C$1.32.

The new payout, equal to C$5.40 a year,. | May 25, 2023 ....

Colin Kellaher , Royal Bank , Dow Jones , Royal Bank Of Canada Stock Exchange , Press Release , O Ry Ca7800871021 ,