Other developments this week include cuts at Manulife and several advisor team moves
Across advanced economies, lending demand slowed sharply
Financial sector infrastructure vulnerable to ransomware, malware attacks
Initiative received 42% support from RBC shareholders at latest AGM, and 37% from BMO shareholders
Profits face further pressure as deposit rates continue to increase
Rates staying higher will continue to drive credit outlook, Moody's says
The rating agency's concerns stem from recent adverse events at the bank
Multiple industry veterans made changes, plus Richardson Wealth's John Horwood retired
Removal of competitor could raise already-elevated bank fees, report says
The bank sought to reassure investors that the stock sale is not a matter of concern