Wealth management firms based in Florida and North Carolina serve ultra-high-net-worth clients
Better market performance was offset by sizable loss on sale of debt instruments
The loan is repayable with interest
Association has made no provision for $2.6 million in ongoing legal claims
Rosy earnings forecasts underpinning stocks face downward revisions
Insurer has been working to shed assets with a low return on equity
Division was a bright spot as annual revenue fell by 2.1%
The plan hopes to position the company as an alternative bank
The results put RBC as the best banking performer of the quarter: analyst
The bank's Canadian commercial banking and wealth management business earned $456 million in Q2