Company: Royal Bank of Canada

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Interest income could drive profits as capital markets and credit-loss provisions sag

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Scenario analysis finds that delaying policy action raises the economic and financial sector impacts

Capital markets, economic recovery seen powering banks' growth in 2022

The wealth management business earned $558 million, up from $546 million a year earlier

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

This week's earnings are the first since Canada's banking regulator lifted pandemic restrictions

  • By: Ian Bickis
  • November 29, 2021 November 29, 2021
  • 15:26
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Businesses expect profits to hold up, even as prices rise and amid labour shortages

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Announcements follow commitments made in 2020 to support the Black community

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The big bank's resilience to stress scenarios could drive higher ratings

home ownership

The share of income required to own a home jumped by the largest margin seen in 30 years

Migration to Atlantic Canada could fuel a regional rebound, RBC says