Quantcast
Channel: RBC – CityNews Toronto
Browsing all 30 articles
Browse latest View live

iGate embroiled in RBC controversy defends hiring practices

The multinational company at the centre of the Royal Bank of Canada’s controversial decision to outsource dozens of Toronto jobs is defending its business practices. iGate says it will “fully...

View Article



Royal Bank makes public apology for outsourcing

The Royal Bank is making a public apology to the workers who are being affected by the bank’s outsourcing arrangement with a foreign company. Chief executive Gord Nixon says in a letter to be published...

View Article

Canadian bankers among highest-paid CEOs in North America

Canadian bankers were among some of the highest-paid banking executives in North America last year, with three in the Top 10, according to a new list compiled by Bloomberg Markets magazine. In all, six...

View Article

RBC, CIBC profits much higher in last quarter

The Canadian banking sector wrapped up its second-quarter earnings season Thursday with substantially higher profits reported by Royal and CIBC. Royal Bank of Canada had $1.9 billion of net income in...

View Article

Canada to benefit from a strengthening U.S. economy in 2014, says RBC Economics

RBC Economics says that after another year of mediocre growth, Canada’s economy is expected to perk up in 2014 thanks to strong growth in the United States. The bank’s latest economic outlook is...

View Article


RBC says home affordability to deteriorate with rising mortgage costs

The Royal Bank of Canada says the ability of Canadians to keep up with housing costs has been improving of late, but warns that’s about to change. RBC’s latest housing affordability measure shows home...

View Article

Royal Bank first-quarter net income rises to $2.09B

Royal Bank of Canada says its first-quarter net income was $2.09 billion, up two per cent from a year earlier despite recording a loss on the sale of RBC Jamaica. Royal Bank chief executive Gordon...

View Article

RBC sees strengthening economic growth in Canada, but loonie falling further

The Royal Bank is predicting relatively strong economic growth for Canada this year and next, although it says the loonie is about to fall even further. The big bank says in a new forecast that...

View Article


RBC sees Canada’s economy growing, but Alberta’s will boom and create jobs

OTTAWA – The Royal Bank says most of Canada will experience stronger economic growth this year and next, but only Alberta will see the kind of gains that will make a real impact on job creation. The...

View Article


Banks bracing for possibility oil prices will remain low for prolonged time

Canadian banks are taking a hard look at their energy and consumer loans as they brace for the possibility of a prolonged period of depressed oil prices. The chief executive of Royal Bank of Canada...

View Article

Royal Bank makes public apology for outsourcing

The Royal Bank is making a public apology to the workers who are being affected by the bank’s outsourcing arrangement with a foreign company. Chief executive Gord Nixon says in a letter to be published...

View Article

Canadian bankers among highest-paid CEOs in North America

Canadian bankers were among some of the highest-paid banking executives in North America last year, with three in the Top 10, according to a new list compiled by Bloomberg Markets magazine. In all, six...

View Article

RBC, CIBC profits much higher in last quarter

The Canadian banking sector wrapped up its second-quarter earnings season Thursday with substantially higher profits reported by Royal and CIBC. Royal Bank of Canada had $1.9 billion of net income in...

View Article


Canada to benefit from a strengthening U.S. economy in 2014, says RBC Economics

RBC Economics says that after another year of mediocre growth, Canada’s economy is expected to perk up in 2014 thanks to strong growth in the United States. The bank’s latest economic outlook is...

View Article

RBC says home affordability to deteriorate with rising mortgage costs

The Royal Bank of Canada says the ability of Canadians to keep up with housing costs has been improving of late, but warns that’s about to change. RBC’s latest housing affordability measure shows home...

View Article


Royal Bank first-quarter net income rises to $2.09B

Royal Bank of Canada says its first-quarter net income was $2.09 billion, up two per cent from a year earlier despite recording a loss on the sale of RBC Jamaica. Royal Bank chief executive Gordon...

View Article

RBC sees strengthening economic growth in Canada, but loonie falling further

The Royal Bank is predicting relatively strong economic growth for Canada this year and next, although it says the loonie is about to fall even further. The big bank says in a new forecast that...

View Article


RBC sees Canada’s economy growing, but Alberta’s will boom and create jobs

OTTAWA – The Royal Bank says most of Canada will experience stronger economic growth this year and next, but only Alberta will see the kind of gains that will make a real impact on job creation. The...

View Article

Banks bracing for possibility oil prices will remain low for prolonged time

Canadian banks are taking a hard look at their energy and consumer loans as they brace for the possibility of a prolonged period of depressed oil prices. The chief executive of Royal Bank of Canada...

View Article

Royal Bank to cut 450 jobs, primarily at GTA head office locations

Royal Bank of Canada said Wednesday it is cutting 450 jobs, primarily from its head office locations in the Greater Toronto Area, as it tries to revamp its business in light of shifting client...

View Article
Browsing all 30 articles
Browse latest View live




Latest Images