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RBC Royal Bank decreases prime rate
CNW· 5 days ago/CNW/ - RBC Royal Bank today decreased its prime rate by 25 basis points to 6.70 per cent from 6.95 per cent, effective July 25, 2024. About RBC Royal Bank of...
RBC hires Frances Donald from Manulife as its new chief economist
The Globe and Mail· 4 days agoRoyal Bank of Canada has tapped Manulife Investment Management’s Frances Donald as its new chief...
The latest interest rate cut means it’s time to stop hating on variable-rate mortgages
The Globe and Mail· 5 days agoVariable-rate mortgages were never God’s gift to borrowers, even if that’s how it seemed a few years...
Bank of Canada pivots to boosting economic growth, raising rate cut bets
Reuters via Yahoo Finance Canada· 3 days agoThe Bank of Canada is shifting its focus to boosting the economy rather than suppressing inflation,...
Royal Bank of Canada announces NVCC subordinated debenture issue
CNW· 6 days agoRBC Capital Markets is acting as lead agent on the issue. The bank may, at its option and with the prior approval of the Office of the Superintendent of ...
Mission RCMP search for gun-wielding bank robber
Aldergrove Star· 6 days agoA dirtbike driver with a gun robbed a downtown Mission bank last Thursday morning (July 18). According to a Mission RCMP news release, the man pulled a...
Banks lower prime rates in line with Bank of Canada rate cut
The Canadian Press via Yahoo Finance Canada· 4 days agoThe central bank lowered its key interest rate by a quarter percentage point Wednesday to 4.5 per...
Mounties search for suspect after B.C. bank robbed at gunpoint
CTV British Columbia News· 6 days agoMounties in British Columbia are searching for a man who allegedly robbed a bank and made his...
First Bank of England rate cut since 2020 hangs on knife edge
Reuters via Yahoo Finance Canada· 3 days agoThe Bank of England's first interest rate cut since 2020 hangs in the balance next week, with...
Deutsche Bank Q2 beats estimates, RBC maintains “outperform” despite headwinds
Investing.com via Yahoo Finance Canada· 5 days agoDividends: The absolute DPS (dividend per share) of EUR 0.68 for FY 2024 and EUR 1 per share for FY 2025 is reiterated. A second buyback in 2024 is considered unlikely.